Usha Martin Balance Sheet Health
Financial Health criteria checks 6/6
Usha Martin has a total shareholder equity of ₹25.8B and total debt of ₹3.8B, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are ₹36.6B and ₹10.8B respectively. Usha Martin's EBIT is ₹5.5B making its interest coverage ratio 28.4. It has cash and short-term investments of ₹1.9B.
Key information
14.8%
Debt to equity ratio
₹3.82b
Debt
| Interest coverage ratio | 28.4x |
| Cash | ₹1.90b |
| Equity | ₹25.80b |
| Total liabilities | ₹10.81b |
| Total assets | ₹36.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: USHMA's short term assets (₹20.0B) exceed its short term liabilities (₹7.7B).
Long Term Liabilities: USHMA's short term assets (₹20.0B) exceed its long term liabilities (₹3.1B).
Debt to Equity History and Analysis
Debt Level: USHMA's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: USHMA's debt to equity ratio has reduced from 45.8% to 14.8% over the past 5 years.
Debt Coverage: USHMA's debt is well covered by operating cash flow (85.7%).
Interest Coverage: USHMA's interest payments on its debt are well covered by EBIT (28.4x coverage).