Mahalaxmi Rubtech Balance Sheet Health
Financial Health criteria checks 6/6
Mahalaxmi Rubtech has a total shareholder equity of ₹602.6M and total debt of ₹117.5M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are ₹885.4M and ₹282.8M respectively. Mahalaxmi Rubtech's EBIT is ₹170.0M making its interest coverage ratio 100.2. It has cash and short-term investments of ₹285.7M.
Key information
19.5%
Debt to equity ratio
₹117.45m
Debt
| Interest coverage ratio | 100.2x |
| Cash | ₹285.69m |
| Equity | ₹602.60m |
| Total liabilities | ₹282.79m |
| Total assets | ₹885.39m |
Recent financial health updates
No updates
Recent updates
Sentiment Still Eluding Mahalaxmi Rubtech Limited (NSE:MHLXMIRU)
Aug 15
Mahalaxmi Rubtech Limited (NSE:MHLXMIRU) Looks Just Right With A 32% Price Jump
Dec 22The Return Trends At Mahalaxmi Rubtech (NSE:MHLXMIRU) Look Promising
Oct 04Mahalaxmi Rubtech (NSE:MHLXMIRU) Is Looking To Continue Growing Its Returns On Capital
Jun 24Mahalaxmi Rubtech's (NSE:MHLXMIRU) Profits Appear To Have Quality Issues
Nov 22Why Investors Shouldn't Be Surprised By Mahalaxmi Rubtech Limited's (NSE:MHLXMIRU) Low P/E
Feb 07Financial Position Analysis
Short Term Liabilities: MHLXMIRU's short term assets (₹583.2M) exceed its short term liabilities (₹235.2M).
Long Term Liabilities: MHLXMIRU's short term assets (₹583.2M) exceed its long term liabilities (₹47.6M).
Debt to Equity History and Analysis
Debt Level: MHLXMIRU has more cash than its total debt.
Reducing Debt: MHLXMIRU's debt to equity ratio has reduced from 38.1% to 19.5% over the past 5 years.
Debt Coverage: MHLXMIRU's debt is well covered by operating cash flow (92.9%).
Interest Coverage: MHLXMIRU's interest payments on its debt are well covered by EBIT (100.2x coverage).