Margo Finance Balance Sheet Health
Financial Health criteria checks 5/6
Margo Finance has a total shareholder equity of ₹1.7B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹2.2B and ₹527.9M respectively. Margo Finance's EBIT is ₹5.9M making its interest coverage ratio -395.7. It has cash and short-term investments of ₹2.2M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -395.7x |
| Cash | ₹2.20m |
| Equity | ₹1.68b |
| Total liabilities | ₹527.88m |
| Total assets | ₹2.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500206's short term assets (₹5.5M) exceed its short term liabilities (₹328.0K).
Long Term Liabilities: 500206's short term assets (₹5.5M) do not cover its long term liabilities (₹527.5M).
Debt to Equity History and Analysis
Debt Level: 500206 is debt free.
Reducing Debt: 500206 had no debt 5 years ago.
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.