Mahindra Holidays & Resorts India Balance Sheet Health
Financial Health criteria checks 3/6
Mahindra Holidays & Resorts India has a total shareholder equity of ₹5.9B and total debt of ₹9.8B, which brings its debt-to-equity ratio to 164.3%. Its total assets and total liabilities are ₹101.9B and ₹96.0B respectively. Mahindra Holidays & Resorts India's EBIT is ₹1.8B making its interest coverage ratio 2.4. It has cash and short-term investments of ₹11.6B.
Key information
164.3%
Debt to equity ratio
₹9.76b
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹11.61b |
| Equity | ₹5.94b |
| Total liabilities | ₹96.00b |
| Total assets | ₹101.94b |
Recent financial health updates
Here's Why Mahindra Holidays & Resorts India (NSE:MHRIL) Has A Meaningful Debt Burden
Jun 12
Is Mahindra Holidays & Resorts India (NSE:MHRIL) A Risky Investment?
Oct 25These 4 Measures Indicate That Mahindra Holidays & Resorts India (NSE:MHRIL) Is Using Debt Extensively
Sep 03Recent updates
Solid Earnings Reflect Mahindra Holidays & Resorts India's (NSE:MHRIL) Strength As A Business
Nov 03We Like These Underlying Return On Capital Trends At Mahindra Holidays & Resorts India (NSE:MHRIL)
Aug 17Here's Why Mahindra Holidays & Resorts India (NSE:MHRIL) Has A Meaningful Debt Burden
Jun 12Mahindra Holidays & Resorts India's (NSE:MHRIL) Earnings Seem To Be Promising
May 04Here's Why We Think Mahindra Holidays & Resorts India (NSE:MHRIL) Might Deserve Your Attention Today
Mar 05Mahindra Holidays & Resorts India (NSE:MHRIL) Hasn't Managed To Accelerate Its Returns
Feb 20Is Mahindra Holidays & Resorts India (NSE:MHRIL) A Risky Investment?
Oct 25Estimating The Fair Value Of Mahindra Holidays & Resorts India Limited (NSE:MHRIL)
Dec 31These 4 Measures Indicate That Mahindra Holidays & Resorts India (NSE:MHRIL) Is Using Debt Extensively
Sep 03Is Mahindra Holidays & Resorts India Ltd (NSE:MHRIL) Trading At A 34% Discount?
Jun 23Mahindra Holidays & Resorts India's (NSE:MHRIL) Returns On Capital Not Reflecting Well On The Business
Mar 23Financial Position Analysis
Short Term Liabilities: MHRIL's short term assets (₹32.7B) exceed its short term liabilities (₹22.3B).
Long Term Liabilities: MHRIL's short term assets (₹32.7B) do not cover its long term liabilities (₹73.7B).
Debt to Equity History and Analysis
Debt Level: MHRIL has more cash than its total debt.
Reducing Debt: MHRIL's debt to equity ratio has increased from 132.8% to 164.3% over the past 5 years.
Debt Coverage: MHRIL's debt is well covered by operating cash flow (67.2%).
Interest Coverage: MHRIL's interest payments on its debt are not well covered by EBIT (2.4x coverage).