Makers Laboratories Balance Sheet Health
Financial Health criteria checks 3/6
Makers Laboratories has a total shareholder equity of ₹1.1B and total debt of ₹150.8M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are ₹1.5B and ₹474.8M respectively.
Key information
14.2%
Debt to equity ratio
₹150.78m
Debt
Interest coverage ratio | n/a |
Cash | ₹24.08m |
Equity | ₹1.06b |
Total liabilities | ₹474.77m |
Total assets | ₹1.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506919's short term assets (₹643.4M) exceed its short term liabilities (₹304.3M).
Long Term Liabilities: 506919's short term assets (₹643.4M) exceed its long term liabilities (₹170.5M).
Debt to Equity History and Analysis
Debt Level: 506919's net debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: 506919's debt to equity ratio has increased from 0% to 14.2% over the past 5 years.
Debt Coverage: 506919's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 506919's interest payments on its debt are well covered by EBIT.