Maha Energy Balance Sheet Health
Financial Health criteria checks 4/6
Maha Energy has a total shareholder equity of $159.1M and total debt of $29.2M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are $200.1M and $41.0M respectively.
Key information
18.3%
Debt to equity ratio
US$29.19m
Debt
Interest coverage ratio | n/a |
Cash | US$9.59m |
Equity | US$159.12m |
Total liabilities | US$41.00m |
Total assets | US$200.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7M7's short term assets ($138.1M) exceed its short term liabilities ($40.0M).
Long Term Liabilities: 7M7's short term assets ($138.1M) exceed its long term liabilities ($976.0K).
Debt to Equity History and Analysis
Debt Level: 7M7's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: 7M7's debt to equity ratio has reduced from 40.7% to 18.3% over the past 5 years.
Debt Coverage: 7M7's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 7M7's interest payments on its debt are well covered by EBIT.