M. K. Proteins Balance Sheet Health
Financial Health criteria checks 6/6
M. K. Proteins has a total shareholder equity of ₹653.0M and total debt of ₹3.5M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹710.6M and ₹57.6M respectively. M. K. Proteins's EBIT is ₹180.3M making its interest coverage ratio 21.1. It has cash and short-term investments of ₹196.8M.
Key information
0.5%
Debt to equity ratio
₹3.49m
Debt
| Interest coverage ratio | 21.1x |
| Cash | ₹196.76m |
| Equity | ₹653.02m |
| Total liabilities | ₹57.61m |
| Total assets | ₹710.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543919's short term assets (₹609.2M) exceed its short term liabilities (₹45.6M).
Long Term Liabilities: 543919's short term assets (₹609.2M) exceed its long term liabilities (₹12.0M).
Debt to Equity History and Analysis
Debt Level: 543919 has more cash than its total debt.
Reducing Debt: 543919's debt to equity ratio has reduced from 15.2% to 0.5% over the past 5 years.
Debt Coverage: 543919's debt is well covered by operating cash flow (8594.1%).
Interest Coverage: 543919's interest payments on its debt are well covered by EBIT (21.1x coverage).