20 Microns Balance Sheet Health
Financial Health criteria checks 6/6
20 Microns has a total shareholder equity of ₹3.5B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are ₹5.9B and ₹2.4B respectively. 20 Microns's EBIT is ₹948.5M making its interest coverage ratio 14.1. It has cash and short-term investments of ₹487.5M.
Key information
34.4%
Debt to equity ratio
₹1.22b
Debt
| Interest coverage ratio | 14.1x |
| Cash | ₹487.47m |
| Equity | ₹3.54b |
| Total liabilities | ₹2.36b |
| Total assets | ₹5.90b |
Recent financial health updates
Here's Why 20 Microns (NSE:20MICRONS) Can Manage Its Debt Responsibly
Jul 27
20 Microns (NSE:20MICRONS) Has A Pretty Healthy Balance Sheet
Dec 28Does 20 Microns (NSE:20MICRONS) Have A Healthy Balance Sheet?
Sep 07We Think 20 Microns (NSE:20MICRONS) Can Stay On Top Of Its Debt
May 06Does 20 Microns (NSE:20MICRONS) Have A Healthy Balance Sheet?
Jan 10Here's Why 20 Microns (NSE:20MICRONS) Has A Meaningful Debt Burden
Mar 06Recent updates
20 Microns Limited (NSE:20MICRONS) Stock Catapults 36% Though Its Price And Business Still Lag The Market
Aug 16Here's What 20 Microns' (NSE:20MICRONS) Strong Returns On Capital Mean
Aug 11Here's Why 20 Microns (NSE:20MICRONS) Can Manage Its Debt Responsibly
Jul 27A Piece Of The Puzzle Missing From 20 Microns Limited's (NSE:20MICRONS) 27% Share Price Climb
Jun 2520 Microns Limited (NSE:20MICRONS) Could Be Riskier Than It Looks
Mar 1420 Microns (NSE:20MICRONS) Has A Pretty Healthy Balance Sheet
Dec 28A Look Into 20 Microns' (NSE:20MICRONS) Impressive Returns On Capital
Nov 02Does 20 Microns (NSE:20MICRONS) Have A Healthy Balance Sheet?
Sep 0720 Microns (NSE:20MICRONS) Looks To Prolong Its Impressive Returns
Sep 3020 Microns (NSE:20MICRONS) Looks To Prolong Its Impressive Returns
Jun 17We Think 20 Microns (NSE:20MICRONS) Can Stay On Top Of Its Debt
May 06Does 20 Microns (NSE:20MICRONS) Have A Healthy Balance Sheet?
Jan 10Here's Why We Think 20 Microns (NSE:20MICRONS) Is Well Worth Watching
Dec 20Capital Investment Trends At 20 Microns (NSE:20MICRONS) Look Strong
Nov 1120 Microns (NSE:20MICRONS) Will Be Hoping To Turn Its Returns On Capital Around
May 19Here's Why 20 Microns (NSE:20MICRONS) Has A Meaningful Debt Burden
Mar 06Here's What To Make Of 20 Microns' (NSE:20MICRONS) Returns On Capital
Feb 13You Have To Love 20 Microns Limited's (NSE:20MICRONS) Dividend
Jan 17
Have Insiders Sold 20 Microns Limited (NSE:20MICRONS) Shares Recently?
Dec 22We Think 20 Microns (NSE:20MICRONS) Is Taking Some Risk With Its Debt
Nov 29What Do The Returns On Capital At 20 Microns (NSE:20MICRONS) Tell Us?
Nov 02Why Dividend Hunters Love 20 Microns Limited (NSE:20MICRONS)
Sep 29Financial Position Analysis
Short Term Liabilities: 20MICRONS's short term assets (₹3.3B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: 20MICRONS's short term assets (₹3.3B) exceed its long term liabilities (₹461.6M).
Debt to Equity History and Analysis
Debt Level: 20MICRONS's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: 20MICRONS's debt to equity ratio has reduced from 74.5% to 34.4% over the past 5 years.
Debt Coverage: 20MICRONS's debt is well covered by operating cash flow (44.7%).
Interest Coverage: 20MICRONS's interest payments on its debt are well covered by EBIT (14.1x coverage).