M. K. Proteins Balance Sheet Health

Financial Health criteria checks 5/6

M. K. Proteins has a total shareholder equity of ₹610.8M and total debt of ₹200.8M, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are ₹962.5M and ₹351.7M respectively. M. K. Proteins's EBIT is ₹163.2M making its interest coverage ratio 18.8. It has cash and short-term investments of ₹923.0K.

Key information

32.9%

Debt to equity ratio

₹200.83m

Debt

Interest coverage ratio18.8x
Cash₹923.00k
Equity₹610.76m
Total liabilities₹351.70m
Total assets₹962.46m

Recent financial health updates

Recent updates

What M. K. Proteins Limited's (NSE:MKPL) P/E Is Not Telling You

Sep 11
What M. K. Proteins Limited's (NSE:MKPL) P/E Is Not Telling You

M. K. Proteins' (NSE:MKPL) Solid Earnings Have Been Accounted For Conservatively

Jun 06
M. K. Proteins' (NSE:MKPL) Solid Earnings Have Been Accounted For Conservatively

M. K. Proteins Limited's (NSE:MKPL) Shares Climb 29% But Its Business Is Yet to Catch Up

Jun 05
M. K. Proteins Limited's (NSE:MKPL) Shares Climb 29% But Its Business Is Yet to Catch Up

What You Can Learn From M. K. Proteins Limited's (NSE:MKPL) P/EAfter Its 26% Share Price Crash

Mar 22
What You Can Learn From M. K. Proteins Limited's (NSE:MKPL) P/EAfter Its 26% Share Price Crash

Should You Be Adding M. K. Proteins (NSE:MKPL) To Your Watchlist Today?

Feb 09
Should You Be Adding M. K. Proteins (NSE:MKPL) To Your Watchlist Today?

Some Confidence Is Lacking In M. K. Proteins Limited's (NSE:MKPL) P/S

Jan 05
Some Confidence Is Lacking In M. K. Proteins Limited's (NSE:MKPL) P/S

We Think M. K. Proteins (NSE:MKPL) Can Stay On Top Of Its Debt

Jul 20
We Think M. K. Proteins (NSE:MKPL) Can Stay On Top Of Its Debt

We Think M. K. Proteins (NSE:MKPL) Is Taking Some Risk With Its Debt

Sep 23
We Think M. K. Proteins (NSE:MKPL) Is Taking Some Risk With Its Debt

Weak Statutory Earnings May Not Tell The Whole Story For M. K. Proteins (NSE:MKPL)

Jun 07
Weak Statutory Earnings May Not Tell The Whole Story For M. K. Proteins (NSE:MKPL)

Here's Why I Think M. K. Proteins (NSE:MKPL) Is An Interesting Stock

Mar 16
Here's Why I Think M. K. Proteins (NSE:MKPL) Is An Interesting Stock

Does M. K. Proteins (NSE:MKPL) Deserve A Spot On Your Watchlist?

Sep 29
Does M. K. Proteins (NSE:MKPL) Deserve A Spot On Your Watchlist?

Is Now The Time To Put M. K. Proteins (NSE:MKPL) On Your Watchlist?

Mar 16
Is Now The Time To Put M. K. Proteins (NSE:MKPL) On Your Watchlist?

Financial Position Analysis

Short Term Liabilities: MKPL's short term assets (₹858.4M) exceed its short term liabilities (₹339.6M).

Long Term Liabilities: MKPL's short term assets (₹858.4M) exceed its long term liabilities (₹12.1M).


Debt to Equity History and Analysis

Debt Level: MKPL's net debt to equity ratio (32.7%) is considered satisfactory.

Reducing Debt: MKPL's debt to equity ratio has increased from 15.2% to 32.9% over the past 5 years.

Debt Coverage: MKPL's debt is well covered by operating cash flow (161.4%).

Interest Coverage: MKPL's interest payments on its debt are well covered by EBIT (18.8x coverage).


Balance Sheet


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