Music Broadcast Balance Sheet Health
Financial Health criteria checks 4/6
Music Broadcast has a total shareholder equity of ₹5.3B and total debt of ₹916.0M, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are ₹6.8B and ₹1.5B respectively.
Key information
17.2%
Debt to equity ratio
₹915.97m
Debt
Interest coverage ratio | n/a |
Cash | ₹580.29m |
Equity | ₹5.32b |
Total liabilities | ₹1.49b |
Total assets | ₹6.81b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: RADIOCITY.P1's short term assets (₹1.8B) exceed its short term liabilities (₹436.7M).
Long Term Liabilities: RADIOCITY.P1's short term assets (₹1.8B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: RADIOCITY.P1's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: RADIOCITY.P1's debt to equity ratio has increased from 12.2% to 17.2% over the past 5 years.
Debt Coverage: RADIOCITY.P1's debt is well covered by operating cash flow (29.8%).
Interest Coverage: Insufficient data to determine if RADIOCITY.P1's interest payments on its debt are well covered by EBIT.