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
Music Broadcast (NSE:RADIOCITY) Is Making Moderate Use Of Debt
Mar 14
Would Music Broadcast (NSE:RADIOCITY) Be Better Off With Less Debt?
Dec 08Companies Like Music Broadcast (NSE:RADIOCITY) Can Afford To Invest In Growth
Dec 14Recent updates
Music Broadcast Limited (NSE:RADIOCITY) Stocks Pounded By 26% But Not Lagging Industry On Growth Or Pricing
Mar 17Music Broadcast (NSE:RADIOCITY) Is Making Moderate Use Of Debt
Mar 14Would Music Broadcast (NSE:RADIOCITY) Be Better Off With Less Debt?
Dec 08A Look At The Intrinsic Value Of Music Broadcast Limited (NSE:RADIOCITY)
Jul 07Estimating The Intrinsic Value Of Music Broadcast Limited (NSE:RADIOCITY)
Jan 31Companies Like Music Broadcast (NSE:RADIOCITY) Can Afford To Invest In Growth
Dec 14Music Broadcast's(NSE:RADIOCITY) Share Price Is Down 63% Over The Past Three Years.
Jan 21Music Broadcast Limited (NSE:RADIOCITY) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?
Oct 08
Music Broadcast's(NSE:RADIOCITY) Share Price Is Down 65% Over The Past Three Years.
Aug 31Pinning Down Music Broadcast Limited's (NSE:RADIOCITY) P/E Is Difficult Right Now
Jul 07Financial Position Analysis
Short Term Liabilities: RADIOCITY's short term assets (₹2.0B) exceed its short term liabilities (₹361.9M).
Long Term Liabilities: RADIOCITY's short term assets (₹2.0B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: RADIOCITY's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: RADIOCITY's debt to equity ratio has increased from 16.1% to 18% over the past 5 years.
Debt Coverage: RADIOCITY's debt is well covered by operating cash flow (35.8%).
Interest Coverage: Insufficient data to determine if RADIOCITY's interest payments on its debt are well covered by EBIT.