Mahesh Developers Balance Sheet Health
Financial Health criteria checks 2/6
Mahesh Developers has a total shareholder equity of ₹39.7M and total debt of ₹108.5M, which brings its debt-to-equity ratio to 273.3%. Its total assets and total liabilities are ₹427.8M and ₹388.1M respectively. Mahesh Developers's EBIT is ₹134.0K making its interest coverage ratio 0. It has cash and short-term investments of ₹8.5M.
Key information
273.3%
Debt to equity ratio
₹108.50m
Debt
Interest coverage ratio | 0.03x |
Cash | ₹8.51m |
Equity | ₹39.70m |
Total liabilities | ₹388.09m |
Total assets | ₹427.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542677's short term assets (₹52.3M) do not cover its short term liabilities (₹286.8M).
Long Term Liabilities: 542677's short term assets (₹52.3M) do not cover its long term liabilities (₹101.3M).
Debt to Equity History and Analysis
Debt Level: 542677's net debt to equity ratio (251.9%) is considered high.
Reducing Debt: 542677's debt to equity ratio has reduced from 382.6% to 273.3% over the past 5 years.
Debt Coverage: 542677's debt is well covered by operating cash flow (27.8%).
Interest Coverage: 542677's interest payments on its debt are not well covered by EBIT (0x coverage).