Mahasagar Travels Balance Sheet Health
Financial Health criteria checks 0/6
Mahasagar Travels has a total shareholder equity of ₹-7.1M and total debt of ₹58.0M, which brings its debt-to-equity ratio to -812.3%. Its total assets and total liabilities are ₹145.3M and ₹152.4M respectively. Mahasagar Travels's EBIT is ₹8.5M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹12.3M.
Key information
-812.3%
Debt to equity ratio
₹58.03m
Debt
Interest coverage ratio | 1.5x |
Cash | ₹12.26m |
Equity | -₹7.14m |
Total liabilities | ₹152.41m |
Total assets | ₹145.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526795 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 526795 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 526795 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 526795's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 526795's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: 526795's interest payments on its debt are not well covered by EBIT (1.5x coverage).