Mold-Tek Packaging Balance Sheet Health
Financial Health criteria checks 6/6
Mold-Tek Packaging has a total shareholder equity of ₹5.9B and total debt of ₹765.6M, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are ₹7.6B and ₹1.6B respectively. Mold-Tek Packaging's EBIT is ₹966.5M making its interest coverage ratio 15.8. It has cash and short-term investments of ₹24.7M.
Key information
12.9%
Debt to equity ratio
₹765.62m
Debt
Interest coverage ratio | 15.8x |
Cash | ₹24.70m |
Equity | ₹5.93b |
Total liabilities | ₹1.64b |
Total assets | ₹7.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533080's short term assets (₹2.4B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 533080's short term assets (₹2.4B) exceed its long term liabilities (₹391.2M).
Debt to Equity History and Analysis
Debt Level: 533080's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: 533080's debt to equity ratio has reduced from 53.1% to 12.9% over the past 5 years.
Debt Coverage: 533080's debt is well covered by operating cash flow (187.3%).
Interest Coverage: 533080's interest payments on its debt are well covered by EBIT (15.8x coverage).