Motisons Jewellers Balance Sheet Health
Financial Health criteria checks 5/6
Motisons Jewellers has a total shareholder equity of ₹3.3B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are ₹4.7B and ₹1.5B respectively. Motisons Jewellers's EBIT is ₹596.4M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹327.2M.
Key information
33.9%
Debt to equity ratio
₹1.11b
Debt
| Interest coverage ratio | 4.1x |
| Cash | ₹327.23m |
| Equity | ₹3.28b |
| Total liabilities | ₹1.47b |
| Total assets | ₹4.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MOTISONS's short term assets (₹4.6B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: MOTISONS's short term assets (₹4.6B) exceed its long term liabilities (₹89.4M).
Debt to Equity History and Analysis
Debt Level: MOTISONS's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: MOTISONS's debt to equity ratio has reduced from 137.2% to 33.9% over the past 5 years.
Debt Coverage: MOTISONS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MOTISONS's interest payments on its debt are well covered by EBIT (4.1x coverage).