Magson Retail and Distribution Balance Sheet Health
Financial Health criteria checks 5/6
Magson Retail and Distribution has a total shareholder equity of ₹229.8M and total debt of ₹13.3M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are ₹324.1M and ₹94.3M respectively. Magson Retail and Distribution's EBIT is ₹37.3M making its interest coverage ratio 7.1. It has cash and short-term investments of ₹95.1M.
Key information
5.8%
Debt to equity ratio
₹13.28m
Debt
Interest coverage ratio | 7.1x |
Cash | ₹95.08m |
Equity | ₹229.83m |
Total liabilities | ₹94.30m |
Total assets | ₹324.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAGSON's short term assets (₹266.8M) exceed its short term liabilities (₹90.4M).
Long Term Liabilities: MAGSON's short term assets (₹266.8M) exceed its long term liabilities (₹3.9M).
Debt to Equity History and Analysis
Debt Level: MAGSON has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MAGSON's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MAGSON's debt is well covered by operating cash flow (72.6%).
Interest Coverage: MAGSON's interest payments on its debt are well covered by EBIT (7.1x coverage).