Maks Energy Solutions India Balance Sheet Health
Financial Health criteria checks 2/6
Maks Energy Solutions India has a total shareholder equity of ₹162.6M and total debt of ₹163.9M, which brings its debt-to-equity ratio to 100.8%. Its total assets and total liabilities are ₹380.5M and ₹217.9M respectively. Maks Energy Solutions India's EBIT is ₹27.2M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹44.1M.
Key information
100.8%
Debt to equity ratio
₹163.91m
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₹44.06m |
| Equity | ₹162.63m |
| Total liabilities | ₹217.89m |
| Total assets | ₹380.52m |
Financial Position Analysis
Short Term Liabilities: MAKS's short term assets (₹368.3M) exceed its short term liabilities (₹206.0M).
Long Term Liabilities: MAKS's short term assets (₹368.3M) exceed its long term liabilities (₹11.8M).
Debt to Equity History and Analysis
Debt Level: MAKS's net debt to equity ratio (73.7%) is considered high.
Reducing Debt: Insufficient data to determine if MAKS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MAKS's debt is not well covered by operating cash flow (6%).
Interest Coverage: MAKS's interest payments on its debt are not well covered by EBIT (1.9x coverage).