Mittal Life Style Balance Sheet Health
Financial Health criteria checks 5/6
Mittal Life Style has a total shareholder equity of ₹337.9M and total debt of ₹60.8M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are ₹460.5M and ₹122.6M respectively. Mittal Life Style's EBIT is ₹13.5M making its interest coverage ratio 16.3. It has cash and short-term investments of ₹18.5M.
Key information
18.0%
Debt to equity ratio
₹60.76m
Debt
| Interest coverage ratio | 16.3x |
| Cash | ₹18.51m |
| Equity | ₹337.87m |
| Total liabilities | ₹122.59m |
| Total assets | ₹460.46m |
Recent financial health updates
No updates
Recent updates
Mittal Life Style Limited (NSE:MITTAL) Screens Well But There Might Be A Catch
Dec 13
Should You Be Adding Mittal Life Style (NSE:MITTAL) To Your Watchlist Today?
Nov 01Mittal Life Style Limited (NSE:MITTAL) Looks Just Right With A 31% Price Jump
Jun 04Some Confidence Is Lacking In Mittal Life Style Limited (NSE:MITTAL) As Shares Slide 32%
Mar 24Mittal Life Style Limited's (NSE:MITTAL) Price Is Out Of Tune With Earnings
Feb 08Have Mittal Life Style Limited (NSE:MITTAL) Insiders Been Selling Their Stock?
Jan 23
Have Mittal Life Style Limited (NSE:MITTAL) Insiders Been Selling Their Stock?
Dec 26Mittal Life Style Limited's (NSE:MITTAL) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Dec 22Why Mittal Life Style Limited (NSE:MITTAL) Is A Top Dividend Stock
Nov 17Financial Position Analysis
Short Term Liabilities: MITTAL's short term assets (₹320.3M) exceed its short term liabilities (₹122.6M).
Long Term Liabilities: MITTAL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MITTAL's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: MITTAL's debt to equity ratio has reduced from 38.2% to 18% over the past 5 years.
Debt Coverage: MITTAL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MITTAL's interest payments on its debt are well covered by EBIT (16.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 15:52 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mittal Life Style Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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