Medicamen Organics Balance Sheet Health
Financial Health criteria checks 3/6
Medicamen Organics has a total shareholder equity of ₹151.8M and total debt of ₹126.6M, which brings its debt-to-equity ratio to 83.4%. Its total assets and total liabilities are ₹385.8M and ₹234.0M respectively. Medicamen Organics's EBIT is ₹40.2M making its interest coverage ratio 6.6. It has cash and short-term investments of ₹5.5M.
Key information
83.4%
Debt to equity ratio
₹126.57m
Debt
| Interest coverage ratio | 6.6x |
| Cash | ₹5.53m |
| Equity | ₹151.84m |
| Total liabilities | ₹233.97m |
| Total assets | ₹385.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEDIORG's short term assets (₹273.1M) exceed its short term liabilities (₹218.4M).
Long Term Liabilities: MEDIORG's short term assets (₹273.1M) exceed its long term liabilities (₹15.6M).
Debt to Equity History and Analysis
Debt Level: MEDIORG's net debt to equity ratio (79.7%) is considered high.
Reducing Debt: Insufficient data to determine if MEDIORG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MEDIORG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MEDIORG's interest payments on its debt are well covered by EBIT (6.6x coverage).