MPL Plastics Balance Sheet Health
Financial Health criteria checks 0/6
MPL Plastics has a total shareholder equity of ₹-32.5M and total debt of ₹31.5M, which brings its debt-to-equity ratio to -96.9%. Its total assets and total liabilities are ₹23.3M and ₹55.8M respectively.
Key information
-96.9%
Debt to equity ratio
₹31.46m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹3.10m |
| Equity | -₹32.46m |
| Total liabilities | ₹55.78m |
| Total assets | ₹23.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526143 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 526143 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: 526143 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 526143's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 526143's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 526143's interest payments on its debt are well covered by EBIT.