Morgan Ventures Balance Sheet Health
Financial Health criteria checks 1/6
Morgan Ventures has a total shareholder equity of ₹570.5M and total debt of ₹1.6B, which brings its debt-to-equity ratio to 288.4%. Its total assets and total liabilities are ₹2.3B and ₹1.7B respectively. Morgan Ventures's EBIT is ₹92.9M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹24.2M.
Key information
288.4%
Debt to equity ratio
₹1.65b
Debt
Interest coverage ratio | 1.6x |
Cash | ₹24.21m |
Equity | ₹570.46m |
Total liabilities | ₹1.71b |
Total assets | ₹2.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526237's short term assets (₹218.7M) do not cover its short term liabilities (₹1.7B).
Long Term Liabilities: 526237's short term assets (₹218.7M) exceed its long term liabilities (₹50.2M).
Debt to Equity History and Analysis
Debt Level: 526237's net debt to equity ratio (284.2%) is considered high.
Reducing Debt: 526237's debt to equity ratio has increased from 0% to 288.4% over the past 5 years.
Debt Coverage: 526237's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 526237's interest payments on its debt are not well covered by EBIT (1.6x coverage).