MCON Rasayan India Balance Sheet Health
Financial Health criteria checks 4/6
MCON Rasayan India has a total shareholder equity of ₹170.1M and total debt of ₹208.5M, which brings its debt-to-equity ratio to 122.6%. Its total assets and total liabilities are ₹543.6M and ₹373.5M respectively. MCON Rasayan India's EBIT is ₹53.0M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹1.9M.
Key information
122.6%
Debt to equity ratio
₹208.54m
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹1.87m |
| Equity | ₹170.06m |
| Total liabilities | ₹373.51m |
| Total assets | ₹543.57m |
Recent financial health updates
Recent updates
Here's Why We Think MCON Rasayan India (NSE:MCON) Is Well Worth Watching
Dec 25
The Price Is Right For MCON Rasayan India Limited (NSE:MCON) Even After Diving 27%
Oct 12Here's Why We Think MCON Rasayan India (NSE:MCON) Is Well Worth Watching
Sep 25Is MCON Rasayan India (NSE:MCON) Using Too Much Debt?
Jun 23MCON Rasayan India Limited (NSE:MCON) Not Lagging Market On Growth Or Pricing
May 26Getting In Cheap On MCON Rasayan India Limited (NSE:MCON) Might Be Difficult
Jul 08Financial Position Analysis
Short Term Liabilities: MCON's short term assets (₹383.2M) exceed its short term liabilities (₹296.9M).
Long Term Liabilities: MCON's short term assets (₹383.2M) exceed its long term liabilities (₹76.6M).
Debt to Equity History and Analysis
Debt Level: MCON's net debt to equity ratio (121.5%) is considered high.
Reducing Debt: MCON's debt to equity ratio has reduced from 348.7% to 122.6% over the past 5 years.
Debt Coverage: MCON's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MCON's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 03:37 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MCON Rasayan India Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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