Mayank Cattle Food Balance Sheet Health
Financial Health criteria checks 2/6
Mayank Cattle Food has a total shareholder equity of ₹269.0M and total debt of ₹352.2M, which brings its debt-to-equity ratio to 130.9%. Its total assets and total liabilities are ₹707.1M and ₹438.0M respectively. Mayank Cattle Food's EBIT is ₹70.9M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹1.3M.
Key information
130.9%
Debt to equity ratio
₹352.15m
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹1.28m |
| Equity | ₹269.03m |
| Total liabilities | ₹438.03m |
| Total assets | ₹707.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544106's short term assets (₹567.5M) exceed its short term liabilities (₹330.5M).
Long Term Liabilities: 544106's short term assets (₹567.5M) exceed its long term liabilities (₹107.5M).
Debt to Equity History and Analysis
Debt Level: 544106's net debt to equity ratio (130.4%) is considered high.
Reducing Debt: Insufficient data to determine if 544106's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544106's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544106's interest payments on its debt are not well covered by EBIT (2.3x coverage).