20 Microns Balance Sheet Health
Financial Health criteria checks 5/6
20 Microns has a total shareholder equity of ₹3.8B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 30.1%. Its total assets and total liabilities are ₹6.7B and ₹2.9B respectively. 20 Microns's EBIT is ₹945.9M making its interest coverage ratio 13.6. It has cash and short-term investments of ₹165.7M.
Key information
30.1%
Debt to equity ratio
₹1.16b
Debt
| Interest coverage ratio | 13.6x |
| Cash | ₹165.71m |
| Equity | ₹3.85b |
| Total liabilities | ₹2.86b |
| Total assets | ₹6.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533022's short term assets (₹3.9B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: 533022's short term assets (₹3.9B) exceed its long term liabilities (₹613.6M).
Debt to Equity History and Analysis
Debt Level: 533022's net debt to equity ratio (25.8%) is considered satisfactory.
Reducing Debt: 533022's debt to equity ratio has reduced from 58.3% to 30.1% over the past 5 years.
Debt Coverage: 533022's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: 533022's interest payments on its debt are well covered by EBIT (13.6x coverage).