Markolines Pavement Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Markolines Pavement Technologies has a total shareholder equity of ₹1.6B and total debt of ₹558.0M, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are ₹2.8B and ₹1.2B respectively. Markolines Pavement Technologies's EBIT is ₹268.4M making its interest coverage ratio 7.8. It has cash and short-term investments of ₹3.5M.
Key information
35.2%
Debt to equity ratio
₹557.95m
Debt
| Interest coverage ratio | 7.8x |
| Cash | ₹3.48m |
| Equity | ₹1.59b |
| Total liabilities | ₹1.24b |
| Total assets | ₹2.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543364's short term assets (₹2.3B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 543364's short term assets (₹2.3B) exceed its long term liabilities (₹218.9M).
Debt to Equity History and Analysis
Debt Level: 543364's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: 543364's debt to equity ratio has reduced from 226.8% to 35.2% over the past 5 years.
Debt Coverage: 543364's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543364's interest payments on its debt are well covered by EBIT (7.8x coverage).