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).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 18:06 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mastek Limited is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mohit Jain | Anand Rathi Shares and Stock Brokers Limited |
| Soumitra Chatterjee | Avendus Spark |
| Aayush Rastogi | Batlivala & Karani Securities India Pvt. Ltd. |