Milton Industries Balance Sheet Health
Financial Health criteria checks 5/6
Milton Industries has a total shareholder equity of ₹462.5M and total debt of ₹152.2M, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are ₹731.5M and ₹269.0M respectively. Milton Industries's EBIT is ₹59.4M making its interest coverage ratio 3.6. It has cash and short-term investments of ₹22.5M.
Key information
32.9%
Debt to equity ratio
₹152.17m
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₹22.54m |
| Equity | ₹462.49m |
| Total liabilities | ₹268.97m |
| Total assets | ₹731.46m |
Recent financial health updates
Here's Why Milton Industries (NSE:MILTON) Can Manage Its Debt Responsibly
Jul 02
Is Milton Industries (NSE:MILTON) Using Too Much Debt?
Jan 19We Think Milton Industries (NSE:MILTON) Can Stay On Top Of Its Debt
Jan 02
Recent updates
Here's Why Milton Industries (NSE:MILTON) Can Manage Its Debt Responsibly
Jul 02Estimating The Intrinsic Value Of Milton Industries Limited (NSE:MILTON)
Mar 18Here's Why Milton Industries (NSE:MILTON) Has Caught The Eye Of Investors
Dec 02We Ran A Stock Scan For Earnings Growth And Milton Industries (NSE:MILTON) Passed With Ease
Jul 21Is Milton Industries (NSE:MILTON) Using Too Much Debt?
Jan 19Should You Be Adding Milton Industries (NSE:MILTON) To Your Watchlist Today?
Jun 30Estimating The Intrinsic Value Of Milton Industries Limited (NSE:MILTON)
Mar 16Should You Be Adding Milton Industries (NSE:MILTON) To Your Watchlist Today?
Feb 09We Think Milton Industries (NSE:MILTON) Can Stay On Top Of Its Debt
Jan 02A Look At The Fair Value Of Milton Industries Limited (NSE:MILTON)
Nov 28Financial Position Analysis
Short Term Liabilities: MILTON's short term assets (₹609.7M) exceed its short term liabilities (₹224.4M).
Long Term Liabilities: MILTON's short term assets (₹609.7M) exceed its long term liabilities (₹44.6M).
Debt to Equity History and Analysis
Debt Level: MILTON's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: MILTON's debt to equity ratio has reduced from 53.2% to 32.9% over the past 5 years.
Debt Coverage: MILTON's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: MILTON's interest payments on its debt are well covered by EBIT (3.6x coverage).