Mayur Floorings Balance Sheet Health
Financial Health criteria checks 2/6
Mayur Floorings has a total shareholder equity of ₹54.6M and total debt of ₹19.0M, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are ₹82.0M and ₹27.4M respectively. Mayur Floorings's EBIT is ₹2.0M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹127.0K.
Key information
34.8%
Debt to equity ratio
₹19.02m
Debt
Interest coverage ratio | 1.6x |
Cash | ₹127.00k |
Equity | ₹54.65m |
Total liabilities | ₹27.38m |
Total assets | ₹82.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531221's short term assets (₹20.2M) exceed its short term liabilities (₹5.0M).
Long Term Liabilities: 531221's short term assets (₹20.2M) do not cover its long term liabilities (₹22.3M).
Debt to Equity History and Analysis
Debt Level: 531221's net debt to equity ratio (34.6%) is considered satisfactory.
Reducing Debt: 531221's debt to equity ratio has increased from 21.2% to 34.8% over the past 5 years.
Debt Coverage: 531221's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531221's interest payments on its debt are not well covered by EBIT (1.6x coverage).