Mukand Balance Sheet Health
Financial Health criteria checks 3/6
Mukand has a total shareholder equity of ₹9.4B and total debt of ₹14.8B, which brings its debt-to-equity ratio to 157.4%. Its total assets and total liabilities are ₹32.1B and ₹22.7B respectively. Mukand's EBIT is ₹2.4B making its interest coverage ratio 2. It has cash and short-term investments of ₹135.4M.
Key information
157.4%
Debt to equity ratio
₹14.80b
Debt
| Interest coverage ratio | 2x |
| Cash | ₹135.40m |
| Equity | ₹9.40b |
| Total liabilities | ₹22.72b |
| Total assets | ₹32.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500460's short term assets (₹25.2B) exceed its short term liabilities (₹21.9B).
Long Term Liabilities: 500460's short term assets (₹25.2B) exceed its long term liabilities (₹778.2M).
Debt to Equity History and Analysis
Debt Level: 500460's net debt to equity ratio (156%) is considered high.
Reducing Debt: 500460's debt to equity ratio has reduced from 312.2% to 157.4% over the past 5 years.
Debt Coverage: 500460's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: 500460's interest payments on its debt are not well covered by EBIT (2x coverage).