Modi Naturals Balance Sheet Health
Financial Health criteria checks 2/6
Modi Naturals has a total shareholder equity of ₹1.1B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 138.2%. Its total assets and total liabilities are ₹3.0B and ₹1.9B respectively. Modi Naturals's EBIT is ₹238.4M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹49.2M.
Key information
138.2%
Debt to equity ratio
₹1.46b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹49.23m |
| Equity | ₹1.06b |
| Total liabilities | ₹1.93b |
| Total assets | ₹2.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519003's short term assets (₹1.5B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 519003's short term assets (₹1.5B) exceed its long term liabilities (₹848.0M).
Debt to Equity History and Analysis
Debt Level: 519003's net debt to equity ratio (133.6%) is considered high.
Reducing Debt: 519003's debt to equity ratio has increased from 37.1% to 138.2% over the past 5 years.
Debt Coverage: 519003's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: 519003's interest payments on its debt are not well covered by EBIT (2.3x coverage).