Mega Balance Sheet Health
Financial Health criteria checks 2/6
Mega has a total shareholder equity of ₹242.5M and total debt of ₹297.4M, which brings its debt-to-equity ratio to 122.7%. Its total assets and total liabilities are ₹577.7M and ₹335.3M respectively. Mega's EBIT is ₹20.4M making its interest coverage ratio 1. It has cash and short-term investments of ₹18.9M.
Key information
122.7%
Debt to equity ratio
₹297.44m
Debt
Interest coverage ratio | 1x |
Cash | ₹18.87m |
Equity | ₹242.48m |
Total liabilities | ₹335.27m |
Total assets | ₹577.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531417's short term assets (₹450.6M) exceed its short term liabilities (₹298.2M).
Long Term Liabilities: 531417's short term assets (₹450.6M) exceed its long term liabilities (₹37.1M).
Debt to Equity History and Analysis
Debt Level: 531417's net debt to equity ratio (114.9%) is considered high.
Reducing Debt: 531417's debt to equity ratio has increased from 34.1% to 122.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 531417 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 531417 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.