Master Components Balance Sheet Health
Financial Health criteria checks 5/6
Master Components has a total shareholder equity of ₹246.7M and total debt of ₹15.1M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ₹343.2M and ₹96.5M respectively. Master Components's EBIT is ₹39.1M making its interest coverage ratio -22.2. It has cash and short-term investments of ₹8.9M.
Key information
6.1%
Debt to equity ratio
₹15.06m
Debt
| Interest coverage ratio | -22.2x |
| Cash | ₹8.95m |
| Equity | ₹246.72m |
| Total liabilities | ₹96.51m |
| Total assets | ₹343.23m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MASTER's short term assets (₹143.4M) exceed its short term liabilities (₹92.3M).
Long Term Liabilities: MASTER's short term assets (₹143.4M) exceed its long term liabilities (₹4.3M).
Debt to Equity History and Analysis
Debt Level: MASTER's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MASTER's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MASTER's debt is well covered by operating cash flow (100.3%).
Interest Coverage: MASTER earns more interest than it pays, so coverage of interest payments is not a concern.