MIRC Electronics Balance Sheet Health
Financial Health criteria checks 2/6
MIRC Electronics has a total shareholder equity of ₹1.8B and total debt of ₹991.6M, which brings its debt-to-equity ratio to 55.6%. Its total assets and total liabilities are ₹6.4B and ₹4.6B respectively.
Key information
55.6%
Debt to equity ratio
₹991.60m
Debt
Interest coverage ratio | n/a |
Cash | ₹73.60m |
Equity | ₹1.78b |
Total liabilities | ₹4.60b |
Total assets | ₹6.39b |
Recent financial health updates
MIRC Electronics (NSE:MIRCELECTR) Is Making Moderate Use Of Debt
Dec 08MIRC Electronics (NSE:MIRCELECTR) Is Making Moderate Use Of Debt
Jul 05Is MIRC Electronics (NSE:MIRCELECTR) A Risky Investment?
Dec 16MIRC Electronics (NSE:MIRCELECTR) Has A Somewhat Strained Balance Sheet
May 29MIRC Electronics (NSE:MIRCELECTR) Takes On Some Risk With Its Use Of Debt
Feb 12Is MIRC Electronics (NSE:MIRCELECTR) A Risky Investment?
Jul 01Recent updates
Why Investors Shouldn't Be Surprised By MIRC Electronics Limited's (NSE:MIRCELECTR) 29% Share Price Plunge
Mar 16MIRC Electronics Limited (NSE:MIRCELECTR) Shares Fly 32% But Investors Aren't Buying For Growth
Jan 30MIRC Electronics (NSE:MIRCELECTR) Is Making Moderate Use Of Debt
Dec 08MIRC Electronics (NSE:MIRCELECTR) Is Making Moderate Use Of Debt
Jul 05These Return Metrics Don't Make MIRC Electronics (NSE:MIRCELECTR) Look Too Strong
Mar 30A Look At The Intrinsic Value Of MIRC Electronics Limited (NSE:MIRCELECTR)
Jan 26Is MIRC Electronics (NSE:MIRCELECTR) A Risky Investment?
Dec 16MIRC Electronics (NSE:MIRCELECTR) Will Be Hoping To Turn Its Returns On Capital Around
Oct 29MIRC Electronics' (NSE:MIRCELECTR) Returns On Capital Not Reflecting Well On The Business
Jul 21MIRC Electronics (NSE:MIRCELECTR) Has A Somewhat Strained Balance Sheet
May 29MIRC Electronics (NSE:MIRCELECTR) Takes On Some Risk With Its Use Of Debt
Feb 12MIRC Electronics' (NSE:MIRCELECTR) Solid Profits Have Weak Fundamentals
Nov 17We Like These Underlying Return On Capital Trends At MIRC Electronics (NSE:MIRCELECTR)
Oct 20Is MIRC Electronics (NSE:MIRCELECTR) A Risky Investment?
Jul 01Key Things To Understand About MIRC Electronics' (NSE:MIRCELECTR) CEO Pay Cheque
Feb 14Is MIRC Electronics (NSE:MIRCELECTR) Using Too Much Debt?
Dec 26MIRC Electronics Limited (NSE:MIRCELECTR) Insiders Increased Their Holdings
Nov 21What We Learned About MIRC Electronics' (NSE:MIRCELECTR) CEO Pay
Sep 29Health Check: How Prudently Does MIRC Electronics (NSE:MIRCELECTR) Use Debt?
Aug 24Financial Position Analysis
Short Term Liabilities: MIRCELECTR's short term assets (₹5.0B) exceed its short term liabilities (₹4.4B).
Long Term Liabilities: MIRCELECTR's short term assets (₹5.0B) exceed its long term liabilities (₹178.6M).
Debt to Equity History and Analysis
Debt Level: MIRCELECTR's net debt to equity ratio (51.5%) is considered high.
Reducing Debt: MIRCELECTR's debt to equity ratio has increased from 41.2% to 55.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MIRCELECTR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MIRCELECTR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.2% each year