My Mudra Fincorp Balance Sheet Health
Financial Health criteria checks 5/6
My Mudra Fincorp has a total shareholder equity of ₹471.6M and total debt of ₹31.7M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are ₹522.9M and ₹51.3M respectively. My Mudra Fincorp's EBIT is ₹137.3M making its interest coverage ratio 11.7. It has cash and short-term investments of ₹206.4M.
Key information
6.7%
Debt to equity ratio
₹31.69m
Debt
| Interest coverage ratio | 11.7x |
| Cash | ₹206.39m |
| Equity | ₹471.56m |
| Total liabilities | ₹51.32m |
| Total assets | ₹522.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MYMUDRA's short term assets (₹412.4M) exceed its short term liabilities (₹35.3M).
Long Term Liabilities: MYMUDRA's short term assets (₹412.4M) exceed its long term liabilities (₹16.0M).
Debt to Equity History and Analysis
Debt Level: MYMUDRA has more cash than its total debt.
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 well covered by operating cash flow (55.6%).
Interest Coverage: MYMUDRA's interest payments on its debt are well covered by EBIT (11.7x coverage).