Metal Coatings (India) Balance Sheet Health
Financial Health criteria checks 6/6
Metal Coatings (India) has a total shareholder equity of ₹396.3M and total debt of ₹20.4M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are ₹477.9M and ₹81.6M respectively. Metal Coatings (India)'s EBIT is ₹33.1M making its interest coverage ratio -827.5. It has cash and short-term investments of ₹53.6M.
Key information
5.2%
Debt to equity ratio
₹20.42m
Debt
| Interest coverage ratio | -827.5x |
| Cash | ₹53.58m |
| Equity | ₹396.34m |
| Total liabilities | ₹81.56m |
| Total assets | ₹477.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531810's short term assets (₹413.4M) exceed its short term liabilities (₹71.5M).
Long Term Liabilities: 531810's short term assets (₹413.4M) exceed its long term liabilities (₹10.1M).
Debt to Equity History and Analysis
Debt Level: 531810 has more cash than its total debt.
Reducing Debt: 531810's debt to equity ratio has reduced from 28.7% to 5.2% over the past 5 years.
Debt Coverage: 531810's debt is well covered by operating cash flow (135.9%).
Interest Coverage: 531810 earns more interest than it pays, so coverage of interest payments is not a concern.