Marico Balance Sheet Health
Financial Health criteria checks 6/6
Marico has a total shareholder equity of ₹49.6B and total debt of ₹3.4B, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are ₹81.2B and ₹31.7B respectively. Marico's EBIT is ₹19.4B making its interest coverage ratio -51.1. It has cash and short-term investments of ₹14.5B.
Key information
6.8%
Debt to equity ratio
₹3.39b
Debt
| Interest coverage ratio | -51.1x |
| Cash | ₹14.53b |
| Equity | ₹49.56b |
| Total liabilities | ₹31.68b |
| Total assets | ₹81.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531642's short term assets (₹47.8B) exceed its short term liabilities (₹23.5B).
Long Term Liabilities: 531642's short term assets (₹47.8B) exceed its long term liabilities (₹8.2B).
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 10.1% to 6.8% over the past 5 years.
Debt Coverage: 531642's debt is well covered by operating cash flow (287.9%).
Interest Coverage: 531642 earns more interest than it pays, so coverage of interest payments is not a concern.