Marble City India Balance Sheet Health
Financial Health criteria checks 3/6
Marble City India has a total shareholder equity of ₹297.7M and total debt of ₹807.1M, which brings its debt-to-equity ratio to 271.1%. Its total assets and total liabilities are ₹1.3B and ₹1.0B respectively. Marble City India's EBIT is ₹37.5M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹48.6M.
Key information
271.1%
Debt to equity ratio
₹807.09m
Debt
Interest coverage ratio | 0.5x |
Cash | ₹48.64m |
Equity | ₹297.75m |
Total liabilities | ₹1.02b |
Total assets | ₹1.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531281's short term assets (₹1.2B) exceed its short term liabilities (₹595.2M).
Long Term Liabilities: 531281's short term assets (₹1.2B) exceed its long term liabilities (₹426.5M).
Debt to Equity History and Analysis
Debt Level: 531281's net debt to equity ratio (254.7%) is considered high.
Reducing Debt: 531281's debt to equity ratio has reduced from 271.9% to 271.1% over the past 5 years.
Debt Coverage: 531281's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531281's interest payments on its debt are not well covered by EBIT (0.5x coverage).