Mohit Industries Balance Sheet Health
Financial Health criteria checks 4/6
Mohit Industries has a total shareholder equity of ₹2.2B and total debt of ₹512.8M, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are ₹2.8B and ₹558.5M respectively.
Key information
23.2%
Debt to equity ratio
₹512.76m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹2.39m |
| Equity | ₹2.21b |
| Total liabilities | ₹558.47m |
| Total assets | ₹2.77b |
Recent financial health updates
Is Mohit Industries (NSE:MOHITIND) Using Debt Sensibly?
Jan 12
Mohit Industries (NSE:MOHITIND) Has No Shortage Of Debt
Sep 27Is Mohit Industries (NSE:MOHITIND) A Risky Investment?
Feb 18Recent updates
Mohit Industries Limited (NSE:MOHITIND) Held Back By Insufficient Growth Even After Shares Climb 26%
Apr 13A Look At The Intrinsic Value Of Mohit Industries Limited (NSE:MOHITIND)
Feb 21Improved Revenues Required Before Mohit Industries Limited (NSE:MOHITIND) Stock's 28% Jump Looks Justified
Jan 16Is Mohit Industries (NSE:MOHITIND) Using Debt Sensibly?
Jan 12Mohit Industries (NSE:MOHITIND) Has No Shortage Of Debt
Sep 27Investors Could Be Concerned With Mohit Industries' (NSE:MOHITIND) Returns On Capital
Aug 09Returns On Capital Signal Tricky Times Ahead For Mohit Industries (NSE:MOHITIND)
Mar 30Returns On Capital At Mohit Industries (NSE:MOHITIND) Paint A Concerning Picture
Aug 05Is Mohit Industries (NSE:MOHITIND) A Risky Investment?
Feb 18Calculating The Intrinsic Value Of Mohit Industries Limited (NSE:MOHITIND)
Oct 25Madhu Saboo Just Bought 3.5% More Shares In Mohit Industries Limited (NSE:MOHITIND)
Feb 22Mohit Industries Limited (NSE:MOHITIND) Insiders Increased Their Holdings
Jan 02Trade Alert: The Executive Chairman & MD Of Mohit Industries Limited (NSE:MOHITIND), Narayan Saboo, Has Just Spent ₹226k Buying 11% More Shares
Sep 19
Financial Position Analysis
Short Term Liabilities: MOHITIND's short term assets (₹548.0M) exceed its short term liabilities (₹443.6M).
Long Term Liabilities: MOHITIND's short term assets (₹548.0M) exceed its long term liabilities (₹114.8M).
Debt to Equity History and Analysis
Debt Level: MOHITIND's net debt to equity ratio (23.1%) is considered satisfactory.
Reducing Debt: MOHITIND's debt to equity ratio has reduced from 148.9% to 23.2% over the past 5 years.
Debt Coverage: MOHITIND's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: Insufficient data to determine if MOHITIND's interest payments on its debt are well covered by EBIT.