Marico Balance Sheet Health
Financial Health criteria checks 6/6
Marico has a total shareholder equity of ₹41.7B and total debt of ₹3.8B, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are ₹74.2B and ₹32.5B respectively. Marico's EBIT is ₹18.7B making its interest coverage ratio 25.6. It has cash and short-term investments of ₹12.0B.
Key information
9.2%
Debt to equity ratio
₹3.83b
Debt
Interest coverage ratio | 25.6x |
Cash | ₹12.02b |
Equity | ₹41.69b |
Total liabilities | ₹32.52b |
Total assets | ₹74.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531642's short term assets (₹40.0B) exceed its short term liabilities (₹24.4B).
Long Term Liabilities: 531642's short term assets (₹40.0B) exceed its long term liabilities (₹8.1B).
Debt to Equity History and Analysis
Debt Level: 531642 has more cash than its total debt.
Reducing Debt: 531642's debt to equity ratio has reduced from 12.2% to 9.2% over the past 5 years.
Debt Coverage: 531642's debt is well covered by operating cash flow (374.9%).
Interest Coverage: 531642's interest payments on its debt are well covered by EBIT (25.6x coverage).