Mac Charles (India) Balance Sheet Health
Financial Health criteria checks 1/6
Mac Charles (India) has a total shareholder equity of ₹2.2B and total debt of ₹6.4B, which brings its debt-to-equity ratio to 291.3%. Its total assets and total liabilities are ₹8.7B and ₹6.5B respectively.
Key information
291.3%
Debt to equity ratio
₹6.36b
Debt
Interest coverage ratio | n/a |
Cash | ₹2.89b |
Equity | ₹2.18b |
Total liabilities | ₹6.50b |
Total assets | ₹8.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507836's short term assets (₹3.0B) exceed its short term liabilities (₹140.5M).
Long Term Liabilities: 507836's short term assets (₹3.0B) do not cover its long term liabilities (₹6.4B).
Debt to Equity History and Analysis
Debt Level: 507836's net debt to equity ratio (159%) is considered high.
Reducing Debt: 507836's debt to equity ratio has increased from 42% to 291.3% over the past 5 years.
Debt Coverage: 507836's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 507836's interest payments on its debt are well covered by EBIT.