MRO-TEK Realty Balance Sheet Health
Financial Health criteria checks 2/6
MRO-TEK Realty has a total shareholder equity of ₹616.6M and total debt of ₹823.5M, which brings its debt-to-equity ratio to 133.6%. Its total assets and total liabilities are ₹1.6B and ₹1.0B respectively. MRO-TEK Realty's EBIT is ₹111.9M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹2.5M.
Key information
133.6%
Debt to equity ratio
₹823.50m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹2.48m |
| Equity | ₹616.57m |
| Total liabilities | ₹1.02b |
| Total assets | ₹1.63b |
Recent financial health updates
We Think MRO-TEK Realty (NSE:MRO-TEK) Is Taking Some Risk With Its Debt
Jul 12
MRO-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
We 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 (₹251.9M) exceed its short term liabilities (₹153.3M).
Long Term Liabilities: MRO-TEK's short term assets (₹251.9M) do not cover its long term liabilities (₹864.5M).
Debt to Equity History and Analysis
Debt Level: MRO-TEK's net debt to equity ratio (133.2%) is considered high.
Reducing Debt: MRO-TEK's debt to equity ratio has reduced from 258.6% to 133.6% over the past 5 years.
Debt Coverage: MRO-TEK's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: MRO-TEK's interest payments on its debt are not well covered by EBIT (1.6x coverage).