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
Usha Martin (NSE:USHAMART) Seems To Use Debt Quite Sensibly
Dec 06
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 11Recent updates
Usha Martin (NSE:USHAMART) Ticks All The Boxes When It Comes To Earnings Growth
Jan 03Usha Martin (NSE:USHAMART) Seems To Use Debt Quite Sensibly
Dec 06Returns 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 01:32 |
| End of Day Share Price | 2025/01/06 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Usha Martin Limited is covered by 5 analysts. 1 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 |
|---|---|
| null null | Batlivala & Karani Securities India Pvt. Ltd. |
| Rajesh Majumdar | Batlivala & Karani Securities India Pvt. Ltd. |
| Pankaj Pandey | ICICIdirect.com |