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
We Think Mastek (NSE:MASTEK) Can Stay On Top Of Its Debt
Mar 12
Does Mastek (NSE:MASTEK) Have A Healthy Balance Sheet?
May 12Mastek (NSE:MASTEK) Has A Rock Solid Balance Sheet
Jan 12Mastek (NSE:MASTEK) Could Easily Take On More Debt
Jun 28Recent updates
We 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 12Is Now An Opportune Moment To Examine Mastek Limited (NSE:MASTEK)?
Feb 27Is Now The Time To Put Mastek (NSE:MASTEK) On Your Watchlist?
Jan 25Mastek (NSE:MASTEK) Has A Rock Solid Balance Sheet
Jan 12Mastek (NSE:MASTEK) Is Achieving High Returns On Its Capital
Dec 09Is Now The Time To Look At Buying Mastek Limited (NSE:MASTEK)?
Nov 22With EPS Growth And More, Mastek (NSE:MASTEK) Is Interesting
Sep 08Is Now The Time To Look At Buying Mastek Limited (NSE:MASTEK)?
Jul 15Mastek (NSE:MASTEK) Could Easily Take On More Debt
Jun 28Mastek (NSE:MASTEK) Is Investing Its Capital With Increasing Efficiency
Jun 14I Ran A Stock Scan For Earnings Growth And Mastek (NSE:MASTEK) Passed With Ease
Jun 01Financial Position Analysis
Short Term Liabilities: MASTEK's short term assets (₹15.4B) exceed its short term liabilities (₹10.7B).
Long Term Liabilities: MASTEK's short term assets (₹15.4B) exceed its long term liabilities (₹5.1B).
Debt to Equity History and Analysis
Debt Level: MASTEK's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: MASTEK's debt to equity ratio has increased from 9.7% to 23.2% over the past 5 years.
Debt Coverage: MASTEK's debt is well covered by operating cash flow (86.3%).
Interest Coverage: MASTEK's interest payments on its debt are well covered by EBIT (9.4x coverage).