Mahan Industries Balance Sheet Health
Financial Health criteria checks 2/6
Mahan Industries has a total shareholder equity of ₹31.1M and total debt of ₹37.4M, which brings its debt-to-equity ratio to 120.2%. Its total assets and total liabilities are ₹68.6M and ₹37.5M respectively. Mahan Industries's EBIT is ₹537.8K making its interest coverage ratio 1.9. It has cash and short-term investments of ₹523.0K.
Key information
120.2%
Debt to equity ratio
₹37.37m
Debt
Interest coverage ratio | 1.9x |
Cash | ₹523.00k |
Equity | ₹31.09m |
Total liabilities | ₹37.52m |
Total assets | ₹68.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531515's short term assets (₹68.0M) exceed its short term liabilities (₹149.0K).
Long Term Liabilities: 531515's short term assets (₹68.0M) exceed its long term liabilities (₹37.4M).
Debt to Equity History and Analysis
Debt Level: 531515's net debt to equity ratio (118.5%) is considered high.
Reducing Debt: 531515's debt to equity ratio has increased from 30.2% to 120.2% 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 531515 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 531515 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.