Maithan Alloys Balance Sheet Health
Financial Health criteria checks 6/6
Maithan Alloys has a total shareholder equity of ₹29.1B and total debt of ₹103.5M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹32.8B and ₹3.7B respectively. Maithan Alloys's EBIT is ₹1.9B making its interest coverage ratio -5.4. It has cash and short-term investments of ₹21.4B.
Key information
0.4%
Debt to equity ratio
₹103.50m
Debt
| Interest coverage ratio | -5.4x |
| Cash | ₹21.38b |
| Equity | ₹29.10b |
| Total liabilities | ₹3.66b |
| Total assets | ₹32.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 590078's short term assets (₹29.2B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: 590078's short term assets (₹29.2B) exceed its long term liabilities (₹526.3M).
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 reduced from 2.2% to 0.4% over the past 5 years.
Debt Coverage: 590078's debt is well covered by operating cash flow (6023.7%).
Interest Coverage: 590078 earns more interest than it pays, so coverage of interest payments is not a concern.