Mukesh Babu Financial Services Balance Sheet Health
Financial Health criteria checks 5/6
Mukesh Babu Financial Services has a total shareholder equity of ₹3.0B and total debt of ₹295.2M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are ₹3.9B and ₹900.6M respectively. Mukesh Babu Financial Services's EBIT is ₹111.2M making its interest coverage ratio 4.5. It has cash and short-term investments of ₹98.3M.
Key information
9.8%
Debt to equity ratio
₹295.18m
Debt
| Interest coverage ratio | 4.5x |
| Cash | ₹98.31m |
| Equity | ₹3.02b |
| Total liabilities | ₹900.57m |
| Total assets | ₹3.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530341's short term assets (₹2.7B) exceed its short term liabilities (₹349.9M).
Long Term Liabilities: 530341's short term assets (₹2.7B) exceed its long term liabilities (₹550.7M).
Debt to Equity History and Analysis
Debt Level: 530341's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: 530341's debt to equity ratio has reduced from 46.6% to 9.8% over the past 5 years.
Debt Coverage: 530341's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530341's interest payments on its debt are well covered by EBIT (4.5x coverage).