Moksh Ornaments Balance Sheet Health
Financial Health criteria checks 4/6
Moksh Ornaments has a total shareholder equity of ₹543.3M and total debt of ₹519.7M, which brings its debt-to-equity ratio to 95.6%. Its total assets and total liabilities are ₹1.1B and ₹568.0M respectively. Moksh Ornaments's EBIT is ₹132.2M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹92.0M.
Key information
95.6%
Debt to equity ratio
₹519.69m
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹91.96m |
| Equity | ₹543.34m |
| Total liabilities | ₹568.02m |
| Total assets | ₹1.11b |
Recent financial health updates
Moksh Ornaments (NSE:MOKSH) Seems To Use Debt Quite Sensibly
Jul 27
Moksh Ornaments (NSE:MOKSH) Has A Pretty Healthy Balance Sheet
Jun 02Here's Why Moksh Ornaments (NSE:MOKSH) Is Weighed Down By Its Debt Load
Jan 27Recent updates
Moksh Ornaments Limited (NSE:MOKSH) Not Doing Enough For Some Investors As Its Shares Slump 32%
Mar 28Do Moksh Ornaments' (NSE:MOKSH) Earnings Warrant Your Attention?
Feb 27Moksh Ornaments Limited's (NSE:MOKSH) Shares Bounce 27% But Its Business Still Trails The Market
Jan 30Moksh Ornaments Limited's (NSE:MOKSH) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Jan 30Moksh Ornaments (NSE:MOKSH) Seems To Use Debt Quite Sensibly
Jul 27With EPS Growth And More, Moksh Ornaments (NSE:MOKSH) Makes An Interesting Case
Jan 03Moksh Ornaments (NSE:MOKSH) Has A Pretty Healthy Balance Sheet
Jun 02Need To Know: Moksh Ornaments Limited (NSE:MOKSH) Insiders Have Been Buying Shares
Mar 03Here's Why Moksh Ornaments (NSE:MOKSH) Is Weighed Down By Its Debt Load
Jan 27Can Moksh Ornaments Limited (NSE:MOKSH) Maintain Its Strong Returns?
Dec 16Financial Position Analysis
Short Term Liabilities: MOKSH's short term assets (₹1.1B) exceed its short term liabilities (₹536.6M).
Long Term Liabilities: MOKSH's short term assets (₹1.1B) exceed its long term liabilities (₹31.4M).
Debt to Equity History and Analysis
Debt Level: MOKSH's net debt to equity ratio (78.7%) is considered high.
Reducing Debt: MOKSH's debt to equity ratio has reduced from 152.9% to 95.6% over the past 5 years.
Debt Coverage: MOKSH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MOKSH's interest payments on its debt are well covered by EBIT (3.2x coverage).