Metro Brands Balance Sheet Health
Financial Health criteria checks 5/6
Metro Brands has a total shareholder equity of ₹17.0B and total debt of ₹10.6B, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are ₹31.6B and ₹14.6B respectively. Metro Brands's EBIT is ₹4.7B making its interest coverage ratio 10.2. It has cash and short-term investments of ₹7.1B.
Key information
62.3%
Debt to equity ratio
₹10.60b
Debt
Interest coverage ratio | 10.2x |
Cash | ₹7.05b |
Equity | ₹17.02b |
Total liabilities | ₹14.62b |
Total assets | ₹31.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543426's short term assets (₹16.0B) exceed its short term liabilities (₹5.3B).
Long Term Liabilities: 543426's short term assets (₹16.0B) exceed its long term liabilities (₹9.3B).
Debt to Equity History and Analysis
Debt Level: 543426's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: 543426's debt to equity ratio has increased from 1.3% to 62.3% over the past 5 years.
Debt Coverage: 543426's debt is well covered by operating cash flow (46.8%).
Interest Coverage: 543426's interest payments on its debt are well covered by EBIT (10.2x coverage).