Growth Ratio Summary

Growth Score : 2.00

The growth ratios highlight significant challenges for MIRC Electronics. All growth metrics are low, indicating a lack of revenue, profit, and asset expansion. The weighted average methodology, which emphasizes recent performance, underscores the sustained nature of these issues. The company needs to implement strategies to stimulate growth across all key areas to ensure long-term sustainability and competitiveness.

Financial Ratio Summary

Financial Score : 3.60

The financial ratios reveal mixed performance for MIRC Electronics. While capital expenditure is excellent, adjusted EPS, cash EPS, book value per share, and dividend per share are low. The high capital expenditure indicates potential investments in long-term assets, but this needs to translate into improved operational efficiency and profitability. The weighted average methodology highlights the need for a balanced approach to financial management.

Profitability Ratio Summary

Profitability Score : 2.00

The profitability ratios indicate significant challenges for MIRC Electronics. All profitability metrics are low, including gross profit margin, ROCE, ROE, ROA, operating margin, and net margin. The weighted average methodology underscores the sustained nature of these issues. The company needs to implement strategies to improve its profitability across all key areas to ensure long-term sustainability and competitiveness. Focus on cost management and revenue generation.

Efficiency Ratio Summary

Efficiency Score : 4.67

The company's efficiency ratios present a mixed picture. While days sales in inventory and receivable days are well-managed, other turnover ratios are low. This indicates that the company is efficient in managing its inventory and collecting receivables, but struggles with asset utilization. The weighted average methodology highlights the need to improve asset turnover to enhance overall operational efficiency and profitability. The company should focus on optimizing asset utilization to drive revenue growth.

Coverage Ratio Summary

Coverage Score : 2.00

The coverage ratios suggest that MIRC Electronics faces challenges in meeting its interest and dividend obligations. Both interest coverage and equity dividend coverage ratios are low. The weighted average methodology highlights the need to improve earnings to ensure the company can comfortably cover its financial obligations. The company should focus on enhancing profitability and cash flow generation to improve its coverage ratios.

Solvency Ratio Summary

Solvency Score : 8.00

The solvency position shows a mix of strengths and weaknesses. While the debt and debt to asset ratios are excellent, the equity ratio is poor. This indicates that the company relies heavily on debt financing. Although the debt levels are manageable, the low equity base can make the company vulnerable to financial distress if earnings decline. The weighted average methodology highlights the need for a balanced approach to capital structure management.

Liquidity Ratio Summary

Liquidity Score : 2.00

The liquidity position indicates significant challenges for MIRC Electronics. Current, quick, and cash ratios are notably low, suggesting difficulty in meeting short-term obligations. While the operating cash flow ratio is also low, the company may struggle to fund its immediate liabilities with its current assets and operating cash flows. The ratios were calculated using a weighted average of the last five years, giving more importance to the most recent data. The company may face challenges in maintaining day-to-day operations.