Milkfood Balance Sheet Health
Financial Health criteria checks 3/6
Milkfood has a total shareholder equity of ₹1.7B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 63.4%. Its total assets and total liabilities are ₹3.5B and ₹1.7B respectively. Milkfood's EBIT is ₹194.7M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹4.8M.
Key information
63.4%
Debt to equity ratio
₹1.11b
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹4.80m |
| Equity | ₹1.75b |
| Total liabilities | ₹1.71b |
| Total assets | ₹3.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507621's short term assets (₹1.1B) exceed its short term liabilities (₹886.3M).
Long Term Liabilities: 507621's short term assets (₹1.1B) exceed its long term liabilities (₹825.1M).
Debt to Equity History and Analysis
Debt Level: 507621's net debt to equity ratio (63.2%) is considered high.
Reducing Debt: 507621's debt to equity ratio has increased from 61.3% to 63.4% over the past 5 years.
Debt Coverage: 507621's debt is well covered by operating cash flow (24%).
Interest Coverage: 507621's interest payments on its debt are not well covered by EBIT (1.6x coverage).