BMB Music and Magnetics Balance Sheet Health
Financial Health criteria checks 6/6
BMB Music and Magnetics has a total shareholder equity of ₹23.2M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹93.4M and ₹70.2M respectively. BMB Music and Magnetics's EBIT is ₹502.5K making its interest coverage ratio 53.7. It has cash and short-term investments of ₹582.0K.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 53.7x |
| Cash | ₹582.00k |
| Equity | ₹23.25m |
| Total liabilities | ₹70.19m |
| Total assets | ₹93.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531420's short term assets (₹54.3M) exceed its short term liabilities (₹17.6M).
Long Term Liabilities: 531420's short term assets (₹54.3M) exceed its long term liabilities (₹52.6M).
Debt to Equity History and Analysis
Debt Level: 531420 is debt free.
Reducing Debt: 531420 had no debt 5 years ago.
Debt Coverage: 531420 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 531420 has no debt, therefore coverage of interest payments is not a concern.