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 ₹4.3B, which brings its debt-to-equity ratio to 102.8%. Its total assets and total liabilities are ₹9.0B and ₹4.9B respectively. Mukka Proteins's EBIT is ₹648.1M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹52.0M.
Key information
102.8%
Debt to equity ratio
₹4.26b
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹52.02m |
| Equity | ₹4.14b |
| Total liabilities | ₹4.91b |
| Total assets | ₹9.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MUKKA's short term assets (₹7.6B) exceed its short term liabilities (₹4.8B).
Long Term Liabilities: MUKKA's short term assets (₹7.6B) exceed its long term liabilities (₹110.5M).
Debt to Equity History and Analysis
Debt Level: MUKKA's net debt to equity ratio (101.6%) is considered high.
Reducing Debt: MUKKA's debt to equity ratio has reduced from 220.6% to 102.8% over the past 5 years.
Debt Coverage: MUKKA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MUKKA's interest payments on its debt are well covered by EBIT (3.2x coverage).