Mukka Proteins Balance Sheet Health
Financial Health criteria checks 4/6
Mukka Proteins has a total shareholder equity of ₹4.1B and total debt of ₹3.6B, which brings its debt-to-equity ratio to 88.7%. Its total assets and total liabilities are ₹9.4B and ₹5.3B respectively. Mukka Proteins's EBIT is ₹931.3M making its interest coverage ratio 3.7. It has cash and short-term investments of ₹1.3B.
Key information
88.7%
Debt to equity ratio
₹3.62b
Debt
Interest coverage ratio | 3.7x |
Cash | ₹1.27b |
Equity | ₹4.08b |
Total liabilities | ₹5.32b |
Total assets | ₹9.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544135's short term assets (₹8.2B) exceed its short term liabilities (₹5.2B).
Long Term Liabilities: 544135's short term assets (₹8.2B) exceed its long term liabilities (₹115.6M).
Debt to Equity History and Analysis
Debt Level: 544135's net debt to equity ratio (57.7%) is considered high.
Reducing Debt: 544135's debt to equity ratio has reduced from 188% to 88.7% over the past 5 years.
Debt Coverage: 544135's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544135's interest payments on its debt are well covered by EBIT (3.7x coverage).