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
Recent updates
Here's Why Metro Brands (NSE:METROBRAND) Can Manage Its Debt Responsibly
Mar 16
Unpleasant Surprises Could Be In Store For Metro Brands Limited's (NSE:METROBRAND) Shares
Feb 18Metro Brands (NSE:METROBRAND) Is Paying Out A Larger Dividend Than Last Year
Jan 22Some Investors May Be Worried About Metro Brands' (NSE:METROBRAND) Returns On Capital
Nov 22Here's Why We Think Metro Brands (NSE:METROBRAND) Is Well Worth Watching
Sep 30Metro Brands (NSE:METROBRAND) Will Pay A Larger Dividend Than Last Year At ₹1.50
Sep 01Metro Brands (NSE:METROBRAND) Has Announced That It Will Be Increasing Its Dividend To ₹1.50
Aug 18Metro Brands (NSE:METROBRAND) Is Paying Out A Larger Dividend Than Last Year
Aug 04The Returns On Capital At Metro Brands (NSE:METROBRAND) Don't Inspire Confidence
Jul 10Here's Why We Think Metro Brands (NSE:METROBRAND) Is Well Worth Watching
Jun 17Investors Could Be Concerned With Metro Brands' (NSE:METROBRAND) Returns On Capital
Apr 11Here's Why We Think Metro Brands (NSE:METROBRAND) Is Well Worth Watching
Mar 18Metro Brands (NSE:METROBRAND) Will Be Hoping To Turn Its Returns On Capital Around
Dec 29Metro Brands' (NSE:METROBRAND) Solid Profits Have Weak Fundamentals
Oct 27Earnings Beat: Metro Brands Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 03The Price Is Right For Metro Brands Limited (NSE:METROBRAND)
Jun 17Financial Position Analysis
Short Term Liabilities: METROBRAND's short term assets (₹16.0B) exceed its short term liabilities (₹5.3B).
Long Term Liabilities: METROBRAND's short term assets (₹16.0B) exceed its long term liabilities (₹9.3B).
Debt to Equity History and Analysis
Debt Level: METROBRAND's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: METROBRAND's debt to equity ratio has increased from 1.3% to 62.3% over the past 5 years.
Debt Coverage: METROBRAND's debt is well covered by operating cash flow (46.8%).
Interest Coverage: METROBRAND's interest payments on its debt are well covered by EBIT (10.2x coverage).