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
Is Mastek (NSE:MASTEK) A Risky Investment?
Jul 20
We Think Mastek (NSE:MASTEK) Can Stay On Top Of Its Debt
Mar 12Does Mastek (NSE:MASTEK) Have A Healthy Balance Sheet?
May 12Recent updates
We Ran A Stock Scan For Earnings Growth And Mastek (NSE:MASTEK) Passed With Ease
Nov 19The Return Trends At Mastek (NSE:MASTEK) Look Promising
Nov 02Is There Now An Opportunity In Mastek Limited (NSE:MASTEK)?
Oct 15Mastek (NSE:MASTEK) Is Due To Pay A Dividend Of ₹12.00
Aug 29Is Mastek (NSE:MASTEK) A Risky Investment?
Jul 20Is Now An Opportune Moment To Examine Mastek Limited (NSE:MASTEK)?
Jun 05Little Excitement Around Mastek Limited's (NSE:MASTEK) Earnings
May 12We Think Mastek (NSE:MASTEK) Can Stay On Top Of Its Debt
Mar 12Is It Time To Consider Buying Mastek Limited (NSE:MASTEK)?
Feb 18Returns At Mastek (NSE:MASTEK) Appear To Be Weighed Down
Feb 04Mastek Limited (NSE:MASTEK) Not Flying Under The Radar
Jan 19Is Now An Opportune Moment To Examine Mastek Limited (NSE:MASTEK)?
Oct 24Mastek's (NSE:MASTEK) Dividend Will Be ₹12.00
Aug 31Return Trends At Mastek (NSE:MASTEK) Aren't Appealing
Aug 26Why Mastek Limited (NSE:MASTEK) Could Be Worth Watching
Jul 15Mastek (NSE:MASTEK) Is Due To Pay A Dividend Of ₹7.00
Jan 20Is Now The Time To Look At Buying Mastek Limited (NSE:MASTEK)?
Aug 09Why We Like The Returns At Mastek (NSE:MASTEK)
Jul 15With EPS Growth And More, Mastek (NSE:MASTEK) Is Interesting
Jun 14Does Mastek (NSE:MASTEK) Have A Healthy Balance Sheet?
May 12Financial Position Analysis
Short Term Liabilities: MASTEK's short term assets (₹16.9B) exceed its short term liabilities (₹10.3B).
Long Term Liabilities: MASTEK's short term assets (₹16.9B) exceed its long term liabilities (₹3.7B).
Debt to Equity History and Analysis
Debt Level: MASTEK's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: MASTEK's debt to equity ratio has increased from 8.2% to 28.2% over the past 5 years.
Debt Coverage: MASTEK's debt is well covered by operating cash flow (51.4%).
Interest Coverage: MASTEK's interest payments on its debt are well covered by EBIT (15.3x coverage).