Mirza International Balance Sheet Health
Financial Health criteria checks 5/6
Mirza International has a total shareholder equity of ₹5.5B and total debt of ₹385.8M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are ₹7.3B and ₹1.8B respectively. Mirza International's EBIT is ₹247.8M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹236.2M.
Key information
7.0%
Debt to equity ratio
₹385.80m
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹236.20m |
| Equity | ₹5.53b |
| Total liabilities | ₹1.79b |
| Total assets | ₹7.31b |
Recent financial health updates
Is Mirza International (NSE:MIRZAINT) Using Too Much Debt?
Jan 19
Mirza International (NSE:MIRZAINT) Could Easily Take On More Debt
Jul 09Does Mirza International (NSE:MIRZAINT) Have A Healthy Balance Sheet?
Nov 22We Think Mirza International (NSE:MIRZAINT) Is Taking Some Risk With Its Debt
Jan 07Recent updates
Should You Be Adding Mirza International (NSE:MIRZAINT) To Your Watchlist Today?
Apr 22Investors Shouldn't Overlook The Favourable Returns On Capital At Mirza International (NSE:MIRZAINT)
Mar 30Is Mirza International (NSE:MIRZAINT) Using Too Much Debt?
Jan 19Capital Investments At Mirza International (NSE:MIRZAINT) Point To A Promising Future
Dec 15Here's Why We Think Mirza International (NSE:MIRZAINT) Is Well Worth Watching
Sep 20Here's What Mirza International's (NSE:MIRZAINT) Strong Returns On Capital Mean
Aug 11Mirza International (NSE:MIRZAINT) Could Easily Take On More Debt
Jul 09Here's Why Mirza International (NSE:MIRZAINT) Has Caught The Eye Of Investors
Jun 21Mirza International (NSE:MIRZAINT) Could Be Struggling To Allocate Capital
Feb 16Does Mirza International (NSE:MIRZAINT) Have A Healthy Balance Sheet?
Nov 22Mirza International (NSE:MIRZAINT) Will Be Hoping To Turn Its Returns On Capital Around
Oct 08We Think You Can Look Beyond Mirza International's (NSE:MIRZAINT) Lackluster Earnings
Aug 03Is The Market Rewarding Mirza International Limited (NSE:MIRZAINT) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
Mar 11If You Had Bought Mirza International's (NSE:MIRZAINT) Shares Three Years Ago You Would Be Down 62%
Feb 17Have Insiders Been Buying Mirza International Limited (NSE:MIRZAINT) Shares?
Feb 02
We're Watching These Trends At Mirza International (NSE:MIRZAINT)
Jan 20We Think Mirza International (NSE:MIRZAINT) Is Taking Some Risk With Its Debt
Jan 07Mirza International Limited (NSE:MIRZAINT) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Dec 10What Did Mirza International's (NSE:MIRZAINT) CEO Take Home Last Year?
Nov 27Financial Position Analysis
Short Term Liabilities: MIRZAINT's short term assets (₹3.1B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: MIRZAINT's short term assets (₹3.1B) exceed its long term liabilities (₹367.2M).
Debt to Equity History and Analysis
Debt Level: MIRZAINT's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: MIRZAINT's debt to equity ratio has reduced from 53.6% to 7% over the past 5 years.
Debt Coverage: MIRZAINT's debt is well covered by operating cash flow (246.6%).
Interest Coverage: MIRZAINT's interest payments on its debt are not well covered by EBIT (2.3x coverage).