Multipurpose Trading and Agencies Balance Sheet Health
Financial Health criteria checks 3/6
Multipurpose Trading and Agencies has a total shareholder equity of ₹48.5M and total debt of ₹1.3M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ₹50.1M and ₹1.6M respectively. Multipurpose Trading and Agencies's EBIT is ₹2.2M making its interest coverage ratio 20.5. It has cash and short-term investments of ₹191.9K.
Key information
2.6%
Debt to equity ratio
₹1.27m
Debt
Interest coverage ratio | 20.5x |
Cash | ₹191.93k |
Equity | ₹48.51m |
Total liabilities | ₹1.64m |
Total assets | ₹50.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504356's short term assets (₹1.1M) exceed its short term liabilities (₹369.5K).
Long Term Liabilities: 504356's short term assets (₹1.1M) do not cover its long term liabilities (₹1.3M).
Debt to Equity History and Analysis
Debt Level: 504356's net debt to equity ratio (2.2%) is considered satisfactory.
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 (20.5x coverage).