Mukand Balance Sheet Health
Financial Health criteria checks 3/6
Mukand has a total shareholder equity of ₹9.2B and total debt of ₹14.9B, which brings its debt-to-equity ratio to 161.7%. Its total assets and total liabilities are ₹30.5B and ₹21.3B respectively. Mukand's EBIT is ₹2.4B making its interest coverage ratio 1.8. It has cash and short-term investments of ₹532.1M.
Key information
161.7%
Debt to equity ratio
₹14.89b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹532.10m |
| Equity | ₹9.21b |
| Total liabilities | ₹21.25b |
| Total assets | ₹30.46b |
Recent financial health updates
Mukand (NSE:MUKANDLTD) Is Making Moderate Use Of Debt
Feb 10
Is Mukand (NSE:MUKANDLTD) Using Too Much Debt?
Jun 21Is Mukand (NSE:MUKANDLTD) Using Debt In A Risky Way?
Jun 10Is Mukand (NSE:MUKANDLTD) Weighed On By Its Debt Load?
Dec 26
These 4 Measures Indicate That Mukand (NSE:MUKANDLTD) Is Using Debt Extensively
Aug 20Recent updates
Mukand Limited (NSE:MUKANDLTD) Stock Catapults 30% Though Its Price And Business Still Lag The Market
Apr 27Is Now The Time To Put Mukand (NSE:MUKANDLTD) On Your Watchlist?
Mar 14Mukand (NSE:MUKANDLTD) Is Making Moderate Use Of Debt
Feb 10Why Investors Shouldn't Be Surprised By Mukand Limited's (NSE:MUKANDLTD) Low P/E
Dec 23If EPS Growth Is Important To You, Mukand (NSE:MUKANDLTD) Presents An Opportunity
Oct 26Mukand (NSE:MUKANDLTD) Is Increasing Its Dividend To ₹2.00
Jul 15Returns Are Gaining Momentum At Mukand (NSE:MUKANDLTD)
May 23We Ran A Stock Scan For Earnings Growth And Mukand (NSE:MUKANDLTD) Passed With Ease
Mar 07Mukand (NSE:MUKANDLTD) Shareholders Will Want The ROCE Trajectory To Continue
Dec 20Is Mukand (NSE:MUKANDLTD) Using Too Much Debt?
Jun 21Investors Shouldn't Be Too Comfortable With Mukand's (NSE:MUKANDLTD) Robust Earnings
Nov 18Is Mukand (NSE:MUKANDLTD) Using Debt In A Risky Way?
Jun 10Key Things To Understand About Mukand's (NSE:MUKANDLTD) CEO Pay Cheque
Feb 28Could The Mukand Limited (NSE:MUKANDLTD) Ownership Structure Tell Us Something Useful?
Jan 31Is Mukand (NSE:MUKANDLTD) Weighed On By Its Debt Load?
Dec 26If You Had Bought Mukand (NSE:MUKANDLTD) Shares A Year Ago You'd Have Earned 78% Returns
Nov 21Estimating The Intrinsic Value Of Mukand Limited (NSE:MUKANDLTD)
Sep 29These 4 Measures Indicate That Mukand (NSE:MUKANDLTD) Is Using Debt Extensively
Aug 20Be Wary Of Mukand (NSE:MUKANDLTD) And Its Returns On Capital
Jun 29Financial Position Analysis
Short Term Liabilities: MUKANDLTD's short term assets (₹23.8B) exceed its short term liabilities (₹6.4B).
Long Term Liabilities: MUKANDLTD's short term assets (₹23.8B) exceed its long term liabilities (₹14.9B).
Debt to Equity History and Analysis
Debt Level: MUKANDLTD's net debt to equity ratio (155.9%) is considered high.
Reducing Debt: MUKANDLTD's debt to equity ratio has reduced from 281.4% to 161.7% over the past 5 years.
Debt Coverage: MUKANDLTD's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: MUKANDLTD's interest payments on its debt are not well covered by EBIT (1.8x coverage).