My Mudra Fincorp Balance Sheet Health
Financial Health criteria checks 3/6
My Mudra Fincorp has a total shareholder equity of ₹168.0M and total debt of ₹96.4M, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are ₹302.8M and ₹134.8M respectively. My Mudra Fincorp's EBIT is ₹122.1M making its interest coverage ratio 13.6. It has cash and short-term investments of ₹21.9M.
Key information
57.4%
Debt to equity ratio
₹96.44m
Debt
| Interest coverage ratio | 13.6x |
| Cash | ₹21.86m |
| Equity | ₹167.98m |
| Total liabilities | ₹134.80m |
| Total assets | ₹302.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MYMUDRA's short term assets (₹209.7M) exceed its short term liabilities (₹103.4M).
Long Term Liabilities: MYMUDRA's short term assets (₹209.7M) exceed its long term liabilities (₹31.4M).
Debt to Equity History and Analysis
Debt Level: MYMUDRA's net debt to equity ratio (44.4%) is considered high.
Reducing Debt: Insufficient data to determine if MYMUDRA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MYMUDRA's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: MYMUDRA's interest payments on its debt are well covered by EBIT (13.6x coverage).