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 ratio | 18.8x |
Cash | ₹923.00k |
Equity | ₹610.76m |
Total liabilities | ₹351.70m |
Total assets | ₹962.46m |
Recent financial health updates
We Think M. K. Proteins (NSE:MKPL) Can Stay On Top Of Its Debt
Jul 20We Think M. K. Proteins (NSE:MKPL) Is Taking Some Risk With Its Debt
Sep 23Recent updates
What M. K. Proteins Limited's (NSE:MKPL) P/E Is Not Telling You
Sep 11M. K. Proteins' (NSE:MKPL) Solid Earnings Have Been Accounted For Conservatively
Jun 06M. K. Proteins Limited's (NSE:MKPL) Shares Climb 29% But Its Business Is Yet to Catch Up
Jun 05What You Can Learn From M. K. Proteins Limited's (NSE:MKPL) P/EAfter Its 26% Share Price Crash
Mar 22Should You Be Adding M. K. Proteins (NSE:MKPL) To Your Watchlist Today?
Feb 09Some Confidence Is Lacking In M. K. Proteins Limited's (NSE:MKPL) P/S
Jan 05We Think M. K. Proteins (NSE:MKPL) Can Stay On Top Of Its Debt
Jul 20We Think M. K. Proteins (NSE:MKPL) Is Taking Some Risk With Its Debt
Sep 23Weak Statutory Earnings May Not Tell The Whole Story For M. K. Proteins (NSE:MKPL)
Jun 07Here's Why I Think M. K. Proteins (NSE:MKPL) Is An Interesting Stock
Mar 16Does M. K. Proteins (NSE:MKPL) Deserve A Spot On Your Watchlist?
Sep 29Is Now The Time To Put M. K. Proteins (NSE:MKPL) On Your Watchlist?
Mar 16Financial 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).