Mastek Balance Sheet Health
Financial Health criteria checks 5/6
Mastek has a total shareholder equity of ₹21.0B and total debt of ₹4.9B, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are ₹36.8B and ₹15.8B respectively. Mastek's EBIT is ₹4.2B making its interest coverage ratio 9.4. It has cash and short-term investments of ₹4.6B.
Key information
23.2%
Debt to equity ratio
₹4.87b
Debt
Interest coverage ratio | 9.4x |
Cash | ₹4.59b |
Equity | ₹21.00b |
Total liabilities | ₹15.77b |
Total assets | ₹36.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523704's short term assets (₹15.4B) exceed its short term liabilities (₹10.7B).
Long Term Liabilities: 523704's short term assets (₹15.4B) exceed its long term liabilities (₹5.1B).
Debt to Equity History and Analysis
Debt Level: 523704's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: 523704's debt to equity ratio has increased from 9.7% to 23.2% over the past 5 years.
Debt Coverage: 523704's debt is well covered by operating cash flow (86.3%).
Interest Coverage: 523704's interest payments on its debt are well covered by EBIT (9.4x coverage).