Mohit Paper Mills Balance Sheet Health
Financial Health criteria checks 3/6
Mohit Paper Mills has a total shareholder equity of ₹445.2M and total debt of ₹765.5M, which brings its debt-to-equity ratio to 171.9%. Its total assets and total liabilities are ₹1.8B and ₹1.3B respectively. Mohit Paper Mills's EBIT is ₹132.4M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹24.9M.
Key information
171.9%
Debt to equity ratio
₹765.55m
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹24.92m |
| Equity | ₹445.24m |
| Total liabilities | ₹1.33b |
| Total assets | ₹1.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530169's short term assets (₹747.5M) exceed its short term liabilities (₹663.1M).
Long Term Liabilities: 530169's short term assets (₹747.5M) exceed its long term liabilities (₹663.3M).
Debt to Equity History and Analysis
Debt Level: 530169's net debt to equity ratio (166.3%) is considered high.
Reducing Debt: 530169's debt to equity ratio has increased from 111.8% to 171.9% over the past 5 years.
Debt Coverage: 530169's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: 530169's interest payments on its debt are well covered by EBIT (3.1x coverage).