Usha Martin Balance Sheet Health
Financial Health criteria checks 6/6
Usha Martin has a total shareholder equity of ₹25.8B and total debt of ₹3.8B, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are ₹36.6B and ₹10.8B respectively. Usha Martin's EBIT is ₹5.5B making its interest coverage ratio 28.4. It has cash and short-term investments of ₹1.9B.
Key information
14.8%
Debt to equity ratio
₹3.82b
Debt
| Interest coverage ratio | 28.4x |
| Cash | ₹1.90b |
| Equity | ₹25.80b |
| Total liabilities | ₹10.81b |
| Total assets | ₹36.60b |
Recent financial health updates
Is Usha Martin (NSE:USHAMART) Using Too Much Debt?
Mar 23
These 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
Returns on Capital Paint A Bright Future For Usha Martin (NSE:USHAMART)
Oct 08Market Still Lacking Some Conviction On Usha Martin Limited (NSE:USHAMART)
Sep 07Usha Martin (NSE:USHAMART) Is Paying Out A Larger Dividend Than Last Year
Aug 05Usha Martin (NSE:USHAMART) Will Pay A Larger Dividend Than Last Year At ₹2.75
Jul 21Do Usha Martin's (NSE:USHAMART) Earnings Warrant Your Attention?
Jul 12Usha Martin (NSE:USHAMART) Is Looking To Continue Growing Its Returns On Capital
May 13There'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 22Financial Position Analysis
Short Term Liabilities: USHAMART's short term assets (₹20.0B) exceed its short term liabilities (₹7.7B).
Long Term Liabilities: USHAMART's short term assets (₹20.0B) exceed its long term liabilities (₹3.1B).
Debt to Equity History and Analysis
Debt Level: USHAMART's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: USHAMART's debt to equity ratio has reduced from 45.8% to 14.8% over the past 5 years.
Debt Coverage: USHAMART's debt is well covered by operating cash flow (85.7%).
Interest Coverage: USHAMART's interest payments on its debt are well covered by EBIT (28.4x coverage).