Mish Designs Balance Sheet Health
Financial Health criteria checks 5/6
Mish Designs has a total shareholder equity of ₹148.6M and total debt of ₹13.7M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are ₹177.7M and ₹29.1M respectively. Mish Designs's EBIT is ₹14.5M making its interest coverage ratio 5.5. It has cash and short-term investments of ₹3.6M.
Key information
9.2%
Debt to equity ratio
₹13.74m
Debt
| Interest coverage ratio | 5.5x |
| Cash | ₹3.56m |
| Equity | ₹148.58m |
| Total liabilities | ₹29.10m |
| Total assets | ₹177.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544015's short term assets (₹175.4M) exceed its short term liabilities (₹21.1M).
Long Term Liabilities: 544015's short term assets (₹175.4M) exceed its long term liabilities (₹8.0M).
Debt to Equity History and Analysis
Debt Level: 544015's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: 544015 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 544015's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544015's interest payments on its debt are well covered by EBIT (5.5x coverage).