Muller & Phipps (India) Balance Sheet Health
Financial Health criteria checks 2/6
Muller & Phipps (India) has a total shareholder equity of ₹-15.6M and total debt of ₹9.1M, which brings its debt-to-equity ratio to -58%. Its total assets and total liabilities are ₹50.7M and ₹66.3M respectively. Muller & Phipps (India)'s EBIT is ₹5.6M making its interest coverage ratio 8.2. It has cash and short-term investments of ₹2.4M.
Key information
-58.0%
Debt to equity ratio
₹9.07m
Debt
Interest coverage ratio | 8.2x |
Cash | ₹2.44m |
Equity | -₹15.63m |
Total liabilities | ₹66.34m |
Total assets | ₹50.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 501477 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 501477 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 501477 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 501477's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 501477's debt is well covered by operating cash flow (66.8%).
Interest Coverage: 501477's interest payments on its debt are well covered by EBIT (8.2x coverage).