Marvel Decor Balance Sheet Health
Financial Health criteria checks 4/6
Marvel Decor has a total shareholder equity of ₹490.3M and total debt of ₹144.3M, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are ₹739.3M and ₹249.0M respectively. Marvel Decor's EBIT is ₹58.1M making its interest coverage ratio 4.3. It has cash and short-term investments of ₹12.8M.
Key information
29.4%
Debt to equity ratio
₹144.32m
Debt
| Interest coverage ratio | 4.3x |
| Cash | ₹12.84m |
| Equity | ₹490.32m |
| Total liabilities | ₹248.97m |
| Total assets | ₹739.29m |
Recent financial health updates
Here's Why Marvel Decor (NSE:MDL) Can Manage Its Debt Responsibly
Jan 15
These 4 Measures Indicate That Marvel Decor (NSE:MDL) Is Using Debt Extensively
Sep 17Marvel Decor (NSE:MDL) Has A Pretty Healthy Balance Sheet
Jan 06We Think Marvel Decor (NSE:MDL) Has A Fair Chunk Of Debt
Jan 11Recent updates
Earnings Not Telling The Story For Marvel Decor Limited (NSE:MDL)
Apr 06Here's Why Marvel Decor (NSE:MDL) Can Manage Its Debt Responsibly
Jan 15Marvel Decor Limited's (NSE:MDL) 27% Price Boost Is Out Of Tune With Earnings
Dec 20Do Marvel Decor's (NSE:MDL) Earnings Warrant Your Attention?
Nov 03These 4 Measures Indicate That Marvel Decor (NSE:MDL) Is Using Debt Extensively
Sep 17Here's Why We Think Marvel Decor (NSE:MDL) Is Well Worth Watching
Jul 22Marvel Decor (NSE:MDL) Has A Pretty Healthy Balance Sheet
Jan 06We Think Marvel Decor (NSE:MDL) Has A Fair Chunk Of Debt
Jan 11Financial Position Analysis
Short Term Liabilities: MDL's short term assets (₹556.2M) exceed its short term liabilities (₹220.8M).
Long Term Liabilities: MDL's short term assets (₹556.2M) exceed its long term liabilities (₹28.2M).
Debt to Equity History and Analysis
Debt Level: MDL's net debt to equity ratio (26.8%) is considered satisfactory.
Reducing Debt: MDL's debt to equity ratio has increased from 8.8% to 29.4% over the past 5 years.
Debt Coverage: MDL's debt is not well covered by operating cash flow (2.2%).
Interest Coverage: MDL's interest payments on its debt are well covered by EBIT (4.3x coverage).