MRO-TEK Realty Balance Sheet Health
Financial Health criteria checks 3/6
MRO-TEK Realty has a total shareholder equity of ₹725.9M and total debt of ₹1.3B, which brings its debt-to-equity ratio to 173.5%. Its total assets and total liabilities are ₹2.1B and ₹1.4B respectively. MRO-TEK Realty's EBIT is ₹140.4M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹269.7M.
Key information
173.5%
Debt to equity ratio
₹1.26b
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₹269.68m |
| Equity | ₹725.92m |
| Total liabilities | ₹1.42b |
| Total assets | ₹2.14b |
Recent financial health updates
MRO-TEK Realty (NSE:MRO-TEK) Seems To Use Debt Quite Sensibly
Sep 20
We Think MRO-TEK Realty (NSE:MRO-TEK) Is Taking Some Risk With Its Debt
Jul 12MRO-TEK Realty (NSE:MRO-TEK) Takes On Some Risk With Its Use Of Debt
Sep 07Is MRO-TEK Realty (NSE:MRO-TEK) Using Too Much Debt?
Mar 25Here's Why MRO-TEK Realty (NSE:MRO-TEK) Can Manage Its Debt Responsibly
Dec 03Recent updates
MRO-TEK Realty (NSE:MRO-TEK) Seems To Use Debt Quite Sensibly
Sep 20We Think MRO-TEK Realty (NSE:MRO-TEK) Is Taking Some Risk With Its Debt
Jul 12Investors Could Be Concerned With MRO-TEK Realty's (NSE:MRO-TEK) Returns On Capital
Mar 29MRO-TEK Realty (NSE:MRO-TEK) Takes On Some Risk With Its Use Of Debt
Sep 07Shareholders Can Be Confident That MRO-TEK Realty's (NSE:MRO-TEK) Earnings Are High Quality
Jun 03Is MRO-TEK Realty (NSE:MRO-TEK) Using Too Much Debt?
Mar 25Here's Why MRO-TEK Realty (NSE:MRO-TEK) Can Manage Its Debt Responsibly
Dec 03Aniruddha Mehta Is The Chairman & MD of MRO-TEK Realty Limited (NSE:MRO-TEK) And They Just Picked Up 1.3% More Shares
Jan 06Chairman & MD Aniruddha Mehta Just Bought A Handful Of Shares In MRO-TEK Realty Limited (NSE:MRO-TEK)
Dec 18
Insider Buying: The MRO-TEK Realty Limited (NSE:MRO-TEK) Chairman & MD Just Bought ₹183k Worth Of Shares
Sep 17Insider Buying: The MRO-TEK Realty Limited (NSE:MRO-TEK) Chairman & MD Just Bought ₹86k Worth Of Shares
Aug 30Financial Position Analysis
Short Term Liabilities: MRO-TEK's short term assets (₹754.8M) exceed its short term liabilities (₹128.6M).
Long Term Liabilities: MRO-TEK's short term assets (₹754.8M) do not cover its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: MRO-TEK's net debt to equity ratio (136.4%) is considered high.
Reducing Debt: MRO-TEK's debt to equity ratio has reduced from 908% to 173.5% over the past 5 years.
Debt Coverage: MRO-TEK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MRO-TEK's interest payments on its debt are well covered by EBIT (4.2x coverage).