Mahindra Holidays & Resorts India Balance Sheet Health
Financial Health criteria checks 4/6
Mahindra Holidays & Resorts India has a total shareholder equity of ₹5.3B and total debt of ₹8.8B, which brings its debt-to-equity ratio to 165.8%. Its total assets and total liabilities are ₹98.5B and ₹93.1B respectively. Mahindra Holidays & Resorts India's EBIT is ₹2.9B making its interest coverage ratio 2.2. It has cash and short-term investments of ₹9.4B.
Key information
165.8%
Debt to equity ratio
₹8.84b
Debt
Interest coverage ratio | 2.2x |
Cash | ₹9.42b |
Equity | ₹5.33b |
Total liabilities | ₹93.13b |
Total assets | ₹98.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533088's short term assets (₹30.1B) exceed its short term liabilities (₹25.0B).
Long Term Liabilities: 533088's short term assets (₹30.1B) do not cover its long term liabilities (₹68.1B).
Debt to Equity History and Analysis
Debt Level: 533088 has more cash than its total debt.
Reducing Debt: 533088's debt to equity ratio has reduced from 267.9% to 165.8% over the past 5 years.
Debt Coverage: 533088's debt is well covered by operating cash flow (70.6%).
Interest Coverage: 533088's interest payments on its debt are not well covered by EBIT (2.2x coverage).