Three M Paper Boards Balance Sheet Health
Financial Health criteria checks 3/6
Three M Paper Boards has a total shareholder equity of ₹871.8M and total debt of ₹637.6M, which brings its debt-to-equity ratio to 73.1%. Its total assets and total liabilities are ₹2.1B and ₹1.2B respectively. Three M Paper Boards's EBIT is ₹166.8M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹49.0M.
Key information
73.1%
Debt to equity ratio
₹637.56m
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₹48.99m |
| Equity | ₹871.77m |
| Total liabilities | ₹1.21b |
| Total assets | ₹2.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544214's short term assets (₹1.2B) exceed its short term liabilities (₹860.6M).
Long Term Liabilities: 544214's short term assets (₹1.2B) exceed its long term liabilities (₹349.9M).
Debt to Equity History and Analysis
Debt Level: 544214's net debt to equity ratio (67.5%) is considered high.
Reducing Debt: Insufficient data to determine if 544214's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544214's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544214's interest payments on its debt are well covered by EBIT (4.2x coverage).