Macpower CNC Machines Balance Sheet Health
Financial Health criteria checks 6/6
Macpower CNC Machines has a total shareholder equity of ₹966.1M and total debt of ₹4.1M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹1.4B and ₹465.7M respectively. Macpower CNC Machines's EBIT is ₹237.5M making its interest coverage ratio -1187.5. It has cash and short-term investments of ₹101.7M.
Key information
0.4%
Debt to equity ratio
₹4.10m
Debt
| Interest coverage ratio | -1187.5x |
| Cash | ₹101.70m |
| Equity | ₹966.10m |
| Total liabilities | ₹465.70m |
| Total assets | ₹1.43b |
Recent financial health updates
No updates
Recent updates
Macpower CNC Machines (NSE:MACPOWER) Might Become A Compounding Machine
Mar 21
Investors Appear Satisfied With Macpower CNC Machines Limited's (NSE:MACPOWER) Prospects As Shares Rocket 25%
Feb 19Investors Appear Satisfied With Macpower CNC Machines Limited's (NSE:MACPOWER) Prospects
Jan 04There Are Reasons To Feel Uneasy About Macpower CNC Machines' (NSE:MACPOWER) Returns On Capital
Nov 13Investors Met With Slowing Returns on Capital At Macpower CNC Machines (NSE:MACPOWER)
Aug 12Macpower CNC Machines (NSE:MACPOWER) Is Reinvesting At Lower Rates Of Return
May 03If EPS Growth Is Important To You, Macpower CNC Machines (NSE:MACPOWER) Presents An Opportunity
Oct 04Here's What Macpower CNC Machines' (NSE:MACPOWER) Strong Returns On Capital Mean
May 05Macpower CNC Machines' (NSE:MACPOWER) Returns Have Hit A Wall
Jan 13Chairman & MD Rupesh Kumar Mehta Just Bought 27% More Shares In Macpower CNC Machines Limited (NSE:MACPOWER)
Feb 21Macpower CNC Machines Limited's (NSE:MACPOWER) Stock Is Going Strong: Have Financials A Role To Play?
Jan 28The Chairman & MD of Macpower CNC Machines Limited (NSE:MACPOWER), Rupesh Kumar Mehta, Just Bought 3.0% More Shares
Dec 06Financial Position Analysis
Short Term Liabilities: MACPOWER's short term assets (₹989.3M) exceed its short term liabilities (₹439.6M).
Long Term Liabilities: MACPOWER's short term assets (₹989.3M) exceed its long term liabilities (₹26.1M).
Debt to Equity History and Analysis
Debt Level: MACPOWER has more cash than its total debt.
Reducing Debt: MACPOWER's debt to equity ratio has reduced from 0.9% to 0.4% over the past 5 years.
Debt Coverage: MACPOWER's debt is well covered by operating cash flow (1168.3%).
Interest Coverage: MACPOWER earns more interest than it pays, so coverage of interest payments is not a concern.