Magnanimous Trade & Finance Balance Sheet Health
Financial Health criteria checks 6/6
Magnanimous Trade & Finance has a total shareholder equity of ₹86.8M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹88.0M and ₹1.2M respectively. Magnanimous Trade & Finance's EBIT is ₹6.2M making its interest coverage ratio 62110. It has cash and short-term investments of ₹8.0K.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 62110x |
Cash | ₹8.00k |
Equity | ₹86.81m |
Total liabilities | ₹1.23m |
Total assets | ₹88.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512377's short term assets (₹69.5M) exceed its short term liabilities (₹967.0K).
Long Term Liabilities: 512377's short term assets (₹69.5M) exceed its long term liabilities (₹265.8K).
Debt to Equity History and Analysis
Debt Level: 512377 is debt free.
Reducing Debt: 512377 has not had any debt for past 5 years.
Debt Coverage: 512377 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 512377 has no debt, therefore coverage of interest payments is not a concern.