Mahindra Logistics Balance Sheet Health
Financial Health criteria checks 2/6
Mahindra Logistics has a total shareholder equity of ₹5.0B and total debt of ₹3.4B, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are ₹24.8B and ₹19.7B respectively. Mahindra Logistics's EBIT is ₹200.5M making its interest coverage ratio 0.3. It has cash and short-term investments of ₹769.3M.
Key information
67.1%
Debt to equity ratio
₹3.39b
Debt
Interest coverage ratio | 0.3x |
Cash | ₹769.30m |
Equity | ₹5.04b |
Total liabilities | ₹19.73b |
Total assets | ₹24.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540768's short term assets (₹13.4B) do not cover its short term liabilities (₹14.4B).
Long Term Liabilities: 540768's short term assets (₹13.4B) exceed its long term liabilities (₹5.3B).
Debt to Equity History and Analysis
Debt Level: 540768's net debt to equity ratio (51.9%) is considered high.
Reducing Debt: 540768's debt to equity ratio has increased from 7.5% to 67.1% over the past 5 years.
Debt Coverage: 540768's debt is well covered by operating cash flow (67%).
Interest Coverage: 540768's interest payments on its debt are not well covered by EBIT (0.3x coverage).