MKP Mobility Balance Sheet Health
Financial Health criteria checks 5/6
MKP Mobility has a total shareholder equity of ₹62.1M and total debt of ₹23.0M, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are ₹97.0M and ₹34.9M respectively. MKP Mobility's EBIT is ₹7.4M making its interest coverage ratio -6.5. It has cash and short-term investments of ₹2.3M.
Key information
37.1%
Debt to equity ratio
₹23.00m
Debt
| Interest coverage ratio | -6.5x |
| Cash | ₹2.31m |
| Equity | ₹62.07m |
| Total liabilities | ₹34.88m |
| Total assets | ₹96.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521244's short term assets (₹69.4M) exceed its short term liabilities (₹34.9M).
Long Term Liabilities: 521244's short term assets (₹69.4M) exceed its long term liabilities (₹1,000.0).
Debt to Equity History and Analysis
Debt Level: 521244's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: 521244's debt to equity ratio has increased from 0% to 37.1% over the past 5 years.
Debt Coverage: 521244's debt is well covered by operating cash flow (94.7%).
Interest Coverage: 521244 earns more interest than it pays, so coverage of interest payments is not a concern.