Mastek Balance Sheet Health
Financial Health criteria checks 5/6
Mastek has a total shareholder equity of ₹22.9B and total debt of ₹6.4B, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are ₹36.8B and ₹14.0B respectively. Mastek's EBIT is ₹4.5B making its interest coverage ratio 15.3. It has cash and short-term investments of ₹4.3B.
Key information
28.2%
Debt to equity ratio
₹6.44b
Debt
| Interest coverage ratio | 15.3x |
| Cash | ₹4.27b |
| Equity | ₹22.86b |
| Total liabilities | ₹13.96b |
| Total assets | ₹36.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523704's short term assets (₹16.9B) exceed its short term liabilities (₹10.3B).
Long Term Liabilities: 523704's short term assets (₹16.9B) exceed its long term liabilities (₹3.7B).
Debt to Equity History and Analysis
Debt Level: 523704's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: 523704's debt to equity ratio has increased from 8.2% to 28.2% over the past 5 years.
Debt Coverage: 523704's debt is well covered by operating cash flow (51.4%).
Interest Coverage: 523704's interest payments on its debt are well covered by EBIT (15.3x coverage).