Monte Carlo Fashions Balance Sheet Health
Financial Health criteria checks 3/6
Monte Carlo Fashions has a total shareholder equity of ₹7.5B and total debt of ₹4.6B, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are ₹17.8B and ₹10.3B respectively. Monte Carlo Fashions's EBIT is ₹833.3M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹1.5B.
Key information
62.0%
Debt to equity ratio
₹4.64b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹1.49b |
| Equity | ₹7.48b |
| Total liabilities | ₹10.29b |
| Total assets | ₹17.77b |
Recent financial health updates
Monte Carlo Fashions (NSE:MONTECARLO) Seems To Use Debt Quite Sensibly
Mar 23
Here's Why Monte Carlo Fashions (NSE:MONTECARLO) Can Manage Its Debt Responsibly
Dec 16
These 4 Measures Indicate That Monte Carlo Fashions (NSE:MONTECARLO) Is Using Debt Reasonably Well
Sep 11Recent updates
Why Monte Carlo Fashions' (NSE:MONTECARLO) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 22It's Unlikely That Monte Carlo Fashions Limited's (NSE:MONTECARLO) CEO Will See A Huge Pay Rise This Year
Sep 16Monte Carlo Fashions (NSE:MONTECARLO) Is Increasing Its Dividend To ₹20.00
Sep 08If EPS Growth Is Important To You, Monte Carlo Fashions (NSE:MONTECARLO) Presents An Opportunity
Jul 15Monte Carlo Fashions' (NSE:MONTECARLO) Returns On Capital Are Heading Higher
Jun 02The Returns At Monte Carlo Fashions (NSE:MONTECARLO) Aren't Growing
Jan 04Monte Carlo Fashions (NSE:MONTECARLO) Is Increasing Its Dividend To ₹15.00
Sep 15Monte Carlo Fashions (NSE:MONTECARLO) Is Increasing Its Dividend To ₹15.00
Sep 01Be Wary Of Monte Carlo Fashions (NSE:MONTECARLO) And Its Returns On Capital
Jun 10Key Things To Watch Out For If You Are After Monte Carlo Fashions Limited's (NSE:MONTECARLO) 2.2% Dividend
Apr 14Monte Carlo Fashions (NSE:MONTECARLO) Seems To Use Debt Quite Sensibly
Mar 23Will Monte Carlo Fashions (NSE:MONTECARLO) Multiply In Value Going Forward?
Mar 08How Much Are Monte Carlo Fashions Limited (NSE:MONTECARLO) Insiders Spending On Buying Shares?
Feb 23A Look At The Fair Value Of Monte Carlo Fashions Limited (NSE:MONTECARLO)
Feb 10How Much Did Monte Carlo Fashions'(NSE:MONTECARLO) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 26Is Monte Carlo Fashions Limited (NSE:MONTECARLO) A Good Fit For Your Dividend Portfolio?
Jan 11Has Monte Carlo Fashions Limited's (NSE:MONTECARLO) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Dec 29Here's Why Monte Carlo Fashions (NSE:MONTECARLO) Can Manage Its Debt Responsibly
Dec 16Should You Be Impressed By Monte Carlo Fashions' (NSE:MONTECARLO) Returns on Capital?
Dec 03Executive Director Ruchika Oswal Just Bought 21% More Shares In Monte Carlo Fashions Limited (NSE:MONTECARLO)
Nov 20Are Monte Carlo Fashions's (NSE:MONTECARLO) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 12What Type Of Returns Would Monte Carlo Fashions'(NSE:MONTECARLO) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Oct 28What To Know Before Buying Monte Carlo Fashions Limited (NSE:MONTECARLO) For Its Dividend
Oct 07Interested In Monte Carlo Fashions' (NSE:MONTECARLO) Upcoming ₹5.00 Dividend? You Have Three Days Left
Sep 13These 4 Measures Indicate That Monte Carlo Fashions (NSE:MONTECARLO) Is Using Debt Reasonably Well
Sep 11Returns On Capital At Monte Carlo Fashions (NSE:MONTECARLO) Paint An Interesting Picture
Aug 20Should You Buy Monte Carlo Fashions Limited (NSE:MONTECARLO) For Its Dividend?
Jun 29Financial Position Analysis
Short Term Liabilities: MONTECARLO's short term assets (₹12.0B) exceed its short term liabilities (₹8.1B).
Long Term Liabilities: MONTECARLO's short term assets (₹12.0B) exceed its long term liabilities (₹2.2B).
Debt to Equity History and Analysis
Debt Level: MONTECARLO's net debt to equity ratio (42%) is considered high.
Reducing Debt: MONTECARLO's debt to equity ratio has increased from 36.7% to 62% over the past 5 years.
Debt Coverage: MONTECARLO's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: MONTECARLO's interest payments on its debt are well covered by EBIT (3.1x coverage).