Multipurpose Trading and Agencies Balance Sheet Health
Financial Health criteria checks 4/6
Multipurpose Trading and Agencies has a total shareholder equity of ₹49.5M and total debt of ₹1.3M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ₹51.3M and ₹1.8M respectively. Multipurpose Trading and Agencies's EBIT is ₹2.2M making its interest coverage ratio 43.8. It has cash and short-term investments of ₹1.5M.
Key information
2.6%
Debt to equity ratio
₹1.30m
Debt
| Interest coverage ratio | 43.8x |
| Cash | ₹1.46m |
| Equity | ₹49.50m |
| Total liabilities | ₹1.84m |
| Total assets | ₹51.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504356's short term assets (₹2.3M) exceed its short term liabilities (₹537.4K).
Long Term Liabilities: 504356's short term assets (₹2.3M) exceed its long term liabilities (₹1.3M).
Debt to Equity History and Analysis
Debt Level: 504356 has more cash than its total debt.
Reducing Debt: 504356's debt to equity ratio has increased from 0.6% to 2.6% over the past 5 years.
Debt Coverage: 504356's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 504356's interest payments on its debt are well covered by EBIT (43.8x coverage).