Mercantile Ventures Balance Sheet Health
Financial Health criteria checks 6/6
Mercantile Ventures has a total shareholder equity of ₹3.5B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹3.9B and ₹309.1M respectively. Mercantile Ventures's EBIT is ₹32.1M making its interest coverage ratio -0.9. It has cash and short-term investments of ₹123.1M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | -0.9x |
Cash | ₹123.07m |
Equity | ₹3.54b |
Total liabilities | ₹309.12m |
Total assets | ₹3.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538942's short term assets (₹852.3M) exceed its short term liabilities (₹142.5M).
Long Term Liabilities: 538942's short term assets (₹852.3M) exceed its long term liabilities (₹166.6M).
Debt to Equity History and Analysis
Debt Level: 538942 is debt free.
Reducing Debt: 538942 has no debt compared to 5 years ago when its debt to equity ratio was 0.4%.
Debt Coverage: 538942 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 538942 has no debt, therefore coverage of interest payments is not a concern.