Usha Martin Balance Sheet Health
Financial Health criteria checks 6/6
Usha Martin has a total shareholder equity of ₹23.8B and total debt of ₹3.0B, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are ₹33.3B and ₹9.5B respectively. Usha Martin's EBIT is ₹5.2B making its interest coverage ratio 21. It has cash and short-term investments of ₹1.7B.
Key information
12.5%
Debt to equity ratio
₹2.98b
Debt
Interest coverage ratio | 21x |
Cash | ₹1.68b |
Equity | ₹23.84b |
Total liabilities | ₹9.46b |
Total assets | ₹33.30b |
Recent financial health updates
Is Usha Martin (NSE:USHAMART) Using Too Much Debt?
Mar 23These 4 Measures Indicate That Usha Martin (NSE:USHAMART) Is Using Debt Reasonably Well
Nov 16Does Usha Martin (NSE:USHAMART) Have A Healthy Balance Sheet?
May 06Usha Martin (NSE:USHAMART) Has A Pretty Healthy Balance Sheet
Jan 20Usha Martin (NSE:USHAMART) Could Easily Take On More Debt
Aug 11We Think Usha Martin (NSE:USHAMART) Can Stay On Top Of Its Debt
Jul 22Recent updates
There's No Escaping Usha Martin Limited's (NSE:USHAMART) Muted Earnings Despite A 28% Share Price Rise
Apr 19Is Now The Time To Put Usha Martin (NSE:USHAMART) On Your Watchlist?
Apr 07Is Usha Martin (NSE:USHAMART) Using Too Much Debt?
Mar 23Investors Should Be Encouraged By Usha Martin's (NSE:USHAMART) Returns On Capital
Feb 08Usha Martin Limited's (NSE:USHAMART) Prospects Need A Boost To Lift Shares
Jan 02Here's Why We Think Usha Martin (NSE:USHAMART) Might Deserve Your Attention Today
Dec 12These 4 Measures Indicate That Usha Martin (NSE:USHAMART) Is Using Debt Reasonably Well
Nov 16The Trend Of High Returns At Usha Martin (NSE:USHAMART) Has Us Very Interested
Oct 25Do Usha Martin's (NSE:USHAMART) Earnings Warrant Your Attention?
Sep 12If EPS Growth Is Important To You, Usha Martin (NSE:USHAMART) Presents An Opportunity
Jun 07Does Usha Martin (NSE:USHAMART) Have A Healthy Balance Sheet?
May 06The Return Trends At Usha Martin (NSE:USHAMART) Look Promising
Feb 23Usha Martin (NSE:USHAMART) Has A Pretty Healthy Balance Sheet
Jan 20Here's Why We Think Usha Martin (NSE:USHAMART) Might Deserve Your Attention Today
Jan 03Usha Martin (NSE:USHAMART) Could Easily Take On More Debt
Aug 11Usha Martin (NSE:USHAMART) Shareholders Will Want The ROCE Trajectory To Continue
May 08Here's Why I Think Usha Martin (NSE:USHAMART) Might Deserve Your Attention Today
Mar 14We Like These Underlying Return On Capital Trends At Usha Martin (NSE:USHAMART)
Aug 24We Take A Look At Why Usha Martin Limited's (NSE:USHAMART) CEO Compensation Is Well Earned
Aug 04We Think Usha Martin (NSE:USHAMART) Can Stay On Top Of Its Debt
Jul 22Usha Martin (NSE:USHAMART) Has A Somewhat Strained Balance Sheet
Mar 02We Like These Underlying Trends At Usha Martin (NSE:USHAMART)
Feb 15If You Had Bought Usha Martin (NSE:USHAMART) Stock Five Years Ago, You Could Pocket A 262% Gain Today
Jan 26Are Insiders Buying Usha Martin Limited (NSE:USHAMART) Stock?
Dec 29Does Usha Martin's (NSE:USHAMART) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 14Is Usha Martin Limited (NSE:USHAMART) Popular Amongst Institutions?
Nov 18We Like These Underlying Trends At Usha Martin (NSE:USHAMART)
Nov 04Usha Martin (NSE:USHAMART) Shareholders Booked A 30% Gain In The Last Five Years
Oct 14Did Usha Martin Limited (NSE:USHAMART) Insiders Buy Up More Shares?
Sep 23Key Things To Understand About Usha Martin's (NSE:USHAMART) CEO Pay Cheque
Sep 09Earnings Working Against Usha Martin Limited's (NSE:USHAMART) Share Price
Aug 17Financial Position Analysis
Short Term Liabilities: USHAMART's short term assets (₹17.9B) exceed its short term liabilities (₹6.2B).
Long Term Liabilities: USHAMART's short term assets (₹17.9B) exceed its long term liabilities (₹3.3B).
Debt to Equity History and Analysis
Debt Level: USHAMART's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: USHAMART's debt to equity ratio has reduced from 437.6% to 12.5% over the past 5 years.
Debt Coverage: USHAMART's debt is well covered by operating cash flow (149.1%).
Interest Coverage: USHAMART's interest payments on its debt are well covered by EBIT (21x coverage).