Milkfood Balance Sheet Health
Financial Health criteria checks 2/6
Milkfood has a total shareholder equity of ₹1.4B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 89.9%. Its total assets and total liabilities are ₹3.2B and ₹1.8B respectively. Milkfood's EBIT is ₹138.4M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹1.3M.
Key information
89.9%
Debt to equity ratio
₹1.24b
Debt
Interest coverage ratio | 1.1x |
Cash | ₹1.30m |
Equity | ₹1.38b |
Total liabilities | ₹1.84b |
Total assets | ₹3.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507621's short term assets (₹1.2B) exceed its short term liabilities (₹895.1M).
Long Term Liabilities: 507621's short term assets (₹1.2B) exceed its long term liabilities (₹948.1M).
Debt to Equity History and Analysis
Debt Level: 507621's net debt to equity ratio (89.8%) is considered high.
Reducing Debt: 507621's debt to equity ratio has increased from 58.4% to 89.9% over the past 5 years.
Debt Coverage: 507621's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 507621's interest payments on its debt are not well covered by EBIT (1.1x coverage).