Margo Finance Balance Sheet Health
Financial Health criteria checks 4/6
Margo Finance has a total shareholder equity of ₹582.2M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹746.3M and ₹164.1M respectively. Margo Finance's EBIT is ₹9.9M making its interest coverage ratio -657.6. It has cash and short-term investments of ₹477.0K.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | -657.6x |
Cash | ₹477.00k |
Equity | ₹582.24m |
Total liabilities | ₹164.07m |
Total assets | ₹746.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500206's short term assets (₹1.2M) do not cover its short term liabilities (₹1.4M).
Long Term Liabilities: 500206's short term assets (₹1.2M) do not cover its long term liabilities (₹162.7M).
Debt to Equity History and Analysis
Debt Level: 500206 is debt free.
Reducing Debt: 500206 has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: 500206 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 500206 has no debt, therefore coverage of interest payments is not a concern.