Three M Paper Boards Balance Sheet Health
Financial Health criteria checks 3/6
Three M Paper Boards has a total shareholder equity of ₹611.0M and total debt of ₹726.4M, which brings its debt-to-equity ratio to 118.9%. Its total assets and total liabilities are ₹2.0B and ₹1.3B respectively. Three M Paper Boards's EBIT is ₹167.5M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹1.3M.
Key information
118.9%
Debt to equity ratio
₹726.41m
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹1.25m |
| Equity | ₹611.04m |
| Total liabilities | ₹1.34b |
| Total assets | ₹1.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544214's short term assets (₹1.1B) exceed its short term liabilities (₹914.7M).
Long Term Liabilities: 544214's short term assets (₹1.1B) exceed its long term liabilities (₹426.2M).
Debt to Equity History and Analysis
Debt Level: 544214's net debt to equity ratio (118.7%) 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 debt is not well covered by operating cash flow (19.2%).
Interest Coverage: 544214's interest payments on its debt are well covered by EBIT (3.2x coverage).