Mohit Paper Mills Balance Sheet Health
Financial Health criteria checks 3/6
Mohit Paper Mills has a total shareholder equity of ₹415.7M and total debt of ₹596.6M, which brings its debt-to-equity ratio to 143.5%. Its total assets and total liabilities are ₹1.6B and ₹1.2B respectively. Mohit Paper Mills's EBIT is ₹122.4M making its interest coverage ratio 3.7. It has cash and short-term investments of ₹70.2M.
Key information
143.5%
Debt to equity ratio
₹596.57m
Debt
Interest coverage ratio | 3.7x |
Cash | ₹70.22m |
Equity | ₹415.74m |
Total liabilities | ₹1.18b |
Total assets | ₹1.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530169's short term assets (₹690.4M) exceed its short term liabilities (₹577.2M).
Long Term Liabilities: 530169's short term assets (₹690.4M) exceed its long term liabilities (₹598.9M).
Debt to Equity History and Analysis
Debt Level: 530169's net debt to equity ratio (126.6%) is considered high.
Reducing Debt: 530169's debt to equity ratio has increased from 93.7% to 143.5% over the past 5 years.
Debt Coverage: 530169's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 530169's interest payments on its debt are well covered by EBIT (3.7x coverage).