Mac Hotels Balance Sheet Health
Financial Health criteria checks 3/6
Mac Hotels has a total shareholder equity of ₹4.9M and total debt of ₹19.3M, which brings its debt-to-equity ratio to 394.8%. Its total assets and total liabilities are ₹75.0M and ₹70.1M respectively. Mac Hotels's EBIT is ₹16.5M making its interest coverage ratio 9.9. It has cash and short-term investments of ₹6.4M.
Key information
394.8%
Debt to equity ratio
₹19.26m
Debt
| Interest coverage ratio | 9.9x |
| Cash | ₹6.36m |
| Equity | ₹4.88m |
| Total liabilities | ₹70.13m |
| Total assets | ₹75.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541973's short term assets (₹22.2M) do not cover its short term liabilities (₹52.3M).
Long Term Liabilities: 541973's short term assets (₹22.2M) exceed its long term liabilities (₹17.8M).
Debt to Equity History and Analysis
Debt Level: 541973's net debt to equity ratio (264.5%) is considered high.
Reducing Debt: 541973's debt to equity ratio has increased from 48% to 394.8% over the past 5 years.
Debt Coverage: 541973's debt is well covered by operating cash flow (39.6%).
Interest Coverage: 541973's interest payments on its debt are well covered by EBIT (9.9x coverage).