Marksans Pharma Balance Sheet Health
Financial Health criteria checks 6/6
Marksans Pharma has a total shareholder equity of ₹19.0B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are ₹23.1B and ₹4.2B respectively. Marksans Pharma's EBIT is ₹3.9B making its interest coverage ratio -62.5. It has cash and short-term investments of ₹6.6B.
Key information
5.9%
Debt to equity ratio
₹1.11b
Debt
| Interest coverage ratio | -62.5x |
| Cash | ₹6.61b |
| Equity | ₹18.97b |
| Total liabilities | ₹4.17b |
| Total assets | ₹23.14b |
Recent financial health updates
We Think Marksans Pharma (NSE:MARKSANS) Can Manage Its Debt With Ease
Dec 02
Marksans Pharma (NSE:MARKSANS) Seems To Use Debt Quite Sensibly
Jun 21Marksans Pharma (NSE:MARKSANS) Could Easily Take On More Debt
Jun 14Is Marksans Pharma (NSE:MARKSANS) A Risky Investment?
Feb 19These 4 Measures Indicate That Marksans Pharma (NSE:MARKSANS) Is Using Debt Safely
Nov 19Recent updates
Sentiment Still Eluding Marksans Pharma Limited (NSE:MARKSANS)
Feb 16Here's Why Marksans Pharma (NSE:MARKSANS) Has Caught The Eye Of Investors
Jan 26We Think Marksans Pharma (NSE:MARKSANS) Can Manage Its Debt With Ease
Dec 02Marksans Pharma (NSE:MARKSANS) Seems To Use Debt Quite Sensibly
Jun 21Robust Earnings May Not Tell The Whole Story For Marksans Pharma (NSE:MARKSANS)
Nov 17This Is The Reason Why We Think Marksans Pharma Limited's (NSE:MARKSANS) CEO Deserves A Bump Up To Their Compensation
Sep 16Marksans Pharma (NSE:MARKSANS) Is Increasing Its Dividend To ₹0.25
Sep 01Marksans Pharma (NSE:MARKSANS) Could Easily Take On More Debt
Jun 14Is Now The Time To Put Marksans Pharma (NSE:MARKSANS) On Your Watchlist?
May 27Is Marksans Pharma (NSE:MARKSANS) A Risky Investment?
Feb 19Marksans Pharma Limited's (NSE:MARKSANS) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 04Here's Why We Think Marksans Pharma (NSE:MARKSANS) Is Well Worth Watching
Jan 20Do Institutions Own Marksans Pharma Limited (NSE:MARKSANS) Shares?
Jan 05
Shareholders Are Thrilled That The Marksans Pharma (NSE:MARKSANS) Share Price Increased 250%
Dec 21What Can We Conclude About Marksans Pharma's (NSE:MARKSANS) CEO Pay?
Dec 06These 4 Measures Indicate That Marksans Pharma (NSE:MARKSANS) Is Using Debt Safely
Nov 19Marksans Pharma Limited's (NSE:MARKSANS) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
Nov 04If You Like EPS Growth Then Check Out Marksans Pharma (NSE:MARKSANS) Before It's Too Late
Oct 20Is Marksans Pharma Limited's (NSE:MARKSANS) Shareholder Ownership Skewed Towards Insiders?
Oct 05If You Had Bought Marksans Pharma (NSE:MARKSANS) Shares A Year Ago You'd Have Earned273% Returns
Sep 20A Look At The Fair Value Of Marksans Pharma Limited (NSE:MARKSANS)
Aug 20Many Still Looking Away From Marksans Pharma Limited (NSE:MARKSANS)
Aug 05If You Like EPS Growth Then Check Out Marksans Pharma (NSE:MARKSANS) Before It's Too Late
Jul 08Financial Position Analysis
Short Term Liabilities: MARKSANS's short term assets (₹17.0B) exceed its short term liabilities (₹3.3B).
Long Term Liabilities: MARKSANS's short term assets (₹17.0B) exceed its long term liabilities (₹838.2M).
Debt to Equity History and Analysis
Debt Level: MARKSANS has more cash than its total debt.
Reducing Debt: MARKSANS's debt to equity ratio has reduced from 21.3% to 5.9% over the past 5 years.
Debt Coverage: MARKSANS's debt is well covered by operating cash flow (227.6%).
Interest Coverage: MARKSANS earns more interest than it pays, so coverage of interest payments is not a concern.