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
Here's Why Marico (NSE:MARICO) Can Manage Its Debt Responsibly
Nov 13
Is Marico (NSE:MARICO) A Risky Investment?
Dec 29Marico (NSE:MARICO) Has A Rock Solid Balance Sheet
Sep 18Marico (NSE:MARICO) Seems To Use Debt Rather Sparingly
Jun 08We Think Marico (NSE:MARICO) Can Manage Its Debt With Ease
Dec 28Does Marico (NSE:MARICO) Have A Healthy Balance Sheet?
Sep 23Recent updates
Here's Why Marico (NSE:MARICO) Can Manage Its Debt Responsibly
Nov 13Earnings Update: Here's Why Analysts Just Lifted Their Marico Limited (NSE:MARICO) Price Target To ₹696
Aug 08We Think Some Shareholders May Hesitate To Increase Marico Limited's (NSE:MARICO) CEO Compensation
Aug 03Does Marico (NSE:MARICO) Deserve A Spot On Your Watchlist?
Jul 03Many Would Be Envious Of Marico's (NSE:MARICO) Excellent Returns On Capital
Jun 18Earnings Not Telling The Story For Marico Limited (NSE:MARICO)
Jun 05The Marico Limited (NSE:MARICO) Annual Results Are Out And Analysts Have Published New Forecasts
May 09Marico (NSE:MARICO) Is Reinvesting To Multiply In Value
Mar 18Marico (NSE:MARICO) Is Increasing Its Dividend To ₹6.50
Mar 01Here's Why We Think Marico (NSE:MARICO) Might Deserve Your Attention Today
Feb 28Here's What Analysts Are Forecasting For Marico Limited (NSE:MARICO) After Its Third-Quarter Results
Feb 01Marico Limited's (NSE:MARICO) Popularity With Investors Is Under Threat From Overpricing
Jan 24Is Marico (NSE:MARICO) A Risky Investment?
Dec 29Marico (NSE:MARICO) Is Aiming To Keep Up Its Impressive Returns
Nov 30Here's Why We Think Marico (NSE:MARICO) Is Well Worth Watching
Nov 17Marico (NSE:MARICO) Has A Rock Solid Balance Sheet
Sep 18If EPS Growth Is Important To You, Marico (NSE:MARICO) Presents An Opportunity
Aug 18Why You Should Care About Marico's (NSE:MARICO) Strong Returns On Capital
Aug 02Marico (NSE:MARICO) Seems To Use Debt Rather Sparingly
Jun 08Here's Why We Think Marico (NSE:MARICO) Might Deserve Your Attention Today
May 10Why You Should Care About Marico's (NSE:MARICO) Strong Returns On Capital
Apr 27Why You Should Care About Marico's (NSE:MARICO) Strong Returns On Capital
Jan 14We Think Marico (NSE:MARICO) Can Manage Its Debt With Ease
Dec 28Capital Investment Trends At Marico (NSE:MARICO) Look Strong
Oct 08Does Marico (NSE:MARICO) Have A Healthy Balance Sheet?
Sep 23Marico (NSE:MARICO) Ticks All The Boxes When It Comes To Earnings Growth
Jul 24Investors Shouldn't Overlook The Favourable Returns On Capital At Marico (NSE:MARICO)
Jun 27Does Marico (NSE:MARICO) Have A Healthy Balance Sheet?
Jun 13Here's Why I Think Marico (NSE:MARICO) Might Deserve Your Attention Today
Apr 12These 4 Measures Indicate That Marico (NSE:MARICO) Is Using Debt Safely
Feb 26Should You Be Adding Marico (NSE:MARICO) To Your Watchlist Today?
Dec 22Is Marico (NSE:MARICO) A Risky Investment?
Nov 18Marico (NSE:MARICO) Knows How To Allocate Capital
Oct 12I Built A List Of Growing Companies And Marico (NSE:MARICO) Made The Cut
Sep 22Here's Why Shareholders May Want To Be Cautious With Increasing Marico Limited's (NSE:MARICO) CEO Pay Packet
Aug 23Marico (NSE:MARICO) Knows How To Allocate Capital
Jul 09We Think Marico (NSE:MARICO) Can Manage Its Debt With Ease
Jun 26Financial Position Analysis
Short Term Liabilities: MARICO's short term assets (₹47.8B) exceed its short term liabilities (₹23.5B).
Long Term Liabilities: MARICO's short term assets (₹47.8B) exceed its long term liabilities (₹8.2B).
Debt to Equity History and Analysis
Debt Level: MARICO has more cash than its total debt.
Reducing Debt: MARICO's debt to equity ratio has reduced from 10.1% to 6.8% over the past 5 years.
Debt Coverage: MARICO's debt is well covered by operating cash flow (287.9%).
Interest Coverage: MARICO earns more interest than it pays, so coverage of interest payments is not a concern.