M.V.K. Agro Food Product Balance Sheet Health
Financial Health criteria checks 1/6
M.V.K. Agro Food Product has a total shareholder equity of ₹133.8M and total debt of ₹915.6M, which brings its debt-to-equity ratio to 684.5%. Its total assets and total liabilities are ₹1.5B and ₹1.4B respectively. M.V.K. Agro Food Product's EBIT is ₹139.3M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹6.3M.
Key information
684.5%
Debt to equity ratio
₹915.61m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹6.31m |
| Equity | ₹133.77m |
| Total liabilities | ₹1.41b |
| Total assets | ₹1.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MVKAGRO's short term assets (₹804.7M) do not cover its short term liabilities (₹940.1M).
Long Term Liabilities: MVKAGRO's short term assets (₹804.7M) exceed its long term liabilities (₹473.3M).
Debt to Equity History and Analysis
Debt Level: MVKAGRO's net debt to equity ratio (679.8%) is considered high.
Reducing Debt: Insufficient data to determine if MVKAGRO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MVKAGRO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MVKAGRO's interest payments on its debt are not well covered by EBIT (1.6x coverage).