Marinetrans India Balance Sheet Health
Financial Health criteria checks 4/6
Marinetrans India has a total shareholder equity of ₹160.4M and total debt of ₹56.1M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are ₹261.9M and ₹101.5M respectively. Marinetrans India's EBIT is ₹25.8M making its interest coverage ratio 7. It has cash and short-term investments of ₹20.7M.
Key information
35.0%
Debt to equity ratio
₹56.15m
Debt
Interest coverage ratio | 7x |
Cash | ₹20.68m |
Equity | ₹160.40m |
Total liabilities | ₹101.45m |
Total assets | ₹261.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MARINETRAN's short term assets (₹247.1M) exceed its short term liabilities (₹98.7M).
Long Term Liabilities: MARINETRAN's short term assets (₹247.1M) exceed its long term liabilities (₹2.7M).
Debt to Equity History and Analysis
Debt Level: MARINETRAN's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MARINETRAN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MARINETRAN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MARINETRAN's interest payments on its debt are well covered by EBIT (7x coverage).