Makers Laboratories Balance Sheet Health
Financial Health criteria checks 5/6
Makers Laboratories has a total shareholder equity of ₹1.1B and total debt of ₹42.8M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are ₹1.5B and ₹367.0M respectively. Makers Laboratories's EBIT is ₹6.4M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹76.8M.
Key information
3.8%
Debt to equity ratio
₹42.78m
Debt
| Interest coverage ratio | 0.5x |
| Cash | ₹76.81m |
| Equity | ₹1.13b |
| Total liabilities | ₹367.01m |
| Total assets | ₹1.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506919's short term assets (₹675.0M) exceed its short term liabilities (₹226.3M).
Long Term Liabilities: 506919's short term assets (₹675.0M) exceed its long term liabilities (₹140.7M).
Debt to Equity History and Analysis
Debt Level: 506919 has more cash than its total debt.
Reducing Debt: 506919's debt to equity ratio has reduced from 17.7% to 3.8% over the past 5 years.
Debt Coverage: 506919's debt is well covered by operating cash flow (98.1%).
Interest Coverage: 506919's interest payments on its debt are not well covered by EBIT (0.5x coverage).