Maithan Alloys Balance Sheet Health
Financial Health criteria checks 4/6
Maithan Alloys has a total shareholder equity of ₹31.4B and total debt of ₹269.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ₹34.7B and ₹3.3B respectively. Maithan Alloys's EBIT is ₹4.5B making its interest coverage ratio 276.8. It has cash and short-term investments of ₹18.1B.
Key information
0.9%
Debt to equity ratio
₹269.00m
Debt
Interest coverage ratio | 276.8x |
Cash | ₹18.06b |
Equity | ₹31.43b |
Total liabilities | ₹3.25b |
Total assets | ₹34.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 590078's short term assets (₹30.3B) exceed its short term liabilities (₹2.5B).
Long Term Liabilities: 590078's short term assets (₹30.3B) exceed its long term liabilities (₹739.8M).
Debt to Equity History and Analysis
Debt Level: 590078 has more cash than its total debt.
Reducing Debt: 590078's debt to equity ratio has increased from 0.3% to 0.9% over the past 5 years.
Debt Coverage: 590078's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 590078's interest payments on its debt are well covered by EBIT (276.8x coverage).