Mihika Industries Balance Sheet Health
Financial Health criteria checks 3/6
Mihika Industries has a total shareholder equity of ₹218.3M and total debt of ₹50.0K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are ₹220.3M and ₹2.0M respectively.
Key information
0.02%
Debt to equity ratio
₹50.00k
Debt
| Interest coverage ratio | n/a |
| Cash | ₹376.00k |
| Equity | ₹218.29m |
| Total liabilities | ₹1.98m |
| Total assets | ₹220.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538895's short term assets (₹209.5M) exceed its short term liabilities (₹1.9M).
Long Term Liabilities: 538895's short term assets (₹209.5M) exceed its long term liabilities (₹49.0K).
Debt to Equity History and Analysis
Debt Level: 538895 has more cash than its total debt.
Reducing Debt: 538895's debt to equity ratio has increased from 0% to 0.02% over the past 5 years.
Debt Coverage: 538895's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 538895's interest payments on its debt are well covered by EBIT.