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 ₹958.1M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are ₹6.9B and ₹1.6B respectively.
Key information
18.0%
Debt to equity ratio
₹958.08m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹919.40m |
| Equity | ₹5.32b |
| Total liabilities | ₹1.60b |
| Total assets | ₹6.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RADIOCITY.P1's short term assets (₹2.0B) exceed its short term liabilities (₹361.9M).
Long Term Liabilities: RADIOCITY.P1's short term assets (₹2.0B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: RADIOCITY.P1's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: RADIOCITY.P1's debt to equity ratio has increased from 16.1% to 18% over the past 5 years.
Debt Coverage: RADIOCITY.P1's debt is well covered by operating cash flow (35.8%).
Interest Coverage: Insufficient data to determine if RADIOCITY.P1's interest payments on its debt are well covered by EBIT.