Mishra Dhatu Nigam Balance Sheet Health
Financial Health criteria checks 5/6
Mishra Dhatu Nigam has a total shareholder equity of ₹13.5B and total debt of ₹3.3B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are ₹30.0B and ₹16.5B respectively. Mishra Dhatu Nigam's EBIT is ₹1.4B making its interest coverage ratio 5.3. It has cash and short-term investments of ₹504.2M.
Key information
24.3%
Debt to equity ratio
₹3.28b
Debt
| Interest coverage ratio | 5.3x |
| Cash | ₹504.20m |
| Equity | ₹13.48b |
| Total liabilities | ₹16.51b |
| Total assets | ₹30.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541195's short term assets (₹18.6B) exceed its short term liabilities (₹8.0B).
Long Term Liabilities: 541195's short term assets (₹18.6B) exceed its long term liabilities (₹8.5B).
Debt to Equity History and Analysis
Debt Level: 541195's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: 541195's debt to equity ratio has increased from 6.9% to 24.3% over the past 5 years.
Debt Coverage: 541195's debt is well covered by operating cash flow (79.8%).
Interest Coverage: 541195's interest payments on its debt are well covered by EBIT (5.3x coverage).