Mukat Pipes Balance Sheet Health
Financial Health criteria checks 2/6
Mukat Pipes has a total shareholder equity of ₹-68.2M and total debt of ₹36.2M, which brings its debt-to-equity ratio to -53.2%. Its total assets and total liabilities are ₹46.1M and ₹114.3M respectively. Mukat Pipes's EBIT is ₹2.1M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹13.3M.
Key information
-53.2%
Debt to equity ratio
₹36.24m
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹13.29m |
| Equity | -₹68.17m |
| Total liabilities | ₹114.26m |
| Total assets | ₹46.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523832 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 523832 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 523832 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 523832's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 523832's debt is well covered by operating cash flow (23.9%).
Interest Coverage: 523832's interest payments on its debt are well covered by EBIT (3.1x coverage).