Multipurpose Trading and Agencies Balance Sheet Health
Financial Health criteria checks 4/6
Multipurpose Trading and Agencies has a total shareholder equity of ₹5,031.2B and total debt of ₹138.3B, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ₹5,198.1B and ₹166.9B respectively. Multipurpose Trading and Agencies's EBIT is ₹2.1M making its interest coverage ratio 40.2. It has cash and short-term investments of ₹123.3B.
Key information
2.7%
Debt to equity ratio
₹1.38m
Debt
| Interest coverage ratio | 40.2x |
| Cash | ₹1.23m |
| Equity | ₹50.31m |
| Total liabilities | ₹1.67m |
| Total assets | ₹51.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504356's short term assets (₹205.9B) exceed its short term liabilities (₹28.6B).
Long Term Liabilities: 504356's short term assets (₹205.9B) exceed its long term liabilities (₹138.3B).
Debt to Equity History and Analysis
Debt Level: 504356's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: 504356's debt to equity ratio has increased from 1% to 2.7% 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 (40.2x coverage).