Motisons Jewellers Balance Sheet Health
Financial Health criteria checks 3/6
Motisons Jewellers has a total shareholder equity of ₹1.4B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 117.9%. Its total assets and total liabilities are ₹3.5B and ₹2.0B respectively. Motisons Jewellers's EBIT is ₹532.6M making its interest coverage ratio 2.9. It has cash and short-term investments of ₹17.0M.
Key information
117.9%
Debt to equity ratio
₹1.70b
Debt
Interest coverage ratio | 2.9x |
Cash | ₹16.99m |
Equity | ₹1.45b |
Total liabilities | ₹2.04b |
Total assets | ₹3.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOTISONS's short term assets (₹3.4B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: MOTISONS's short term assets (₹3.4B) exceed its long term liabilities (₹185.1M).
Debt to Equity History and Analysis
Debt Level: MOTISONS's net debt to equity ratio (116.7%) is considered high.
Reducing Debt: MOTISONS's debt to equity ratio has reduced from 125.4% to 117.9% over the past 5 years.
Debt Coverage: MOTISONS's debt is not well covered by operating cash flow (4.1%).
Interest Coverage: MOTISONS's interest payments on its debt are not well covered by EBIT (2.9x coverage).