Magadh Sugar & Energy Balance Sheet Health
Financial Health criteria checks 4/6
Magadh Sugar & Energy has a total shareholder equity of ₹7.4B and total debt of ₹3.7B, which brings its debt-to-equity ratio to 50.5%. Its total assets and total liabilities are ₹12.3B and ₹4.9B respectively. Magadh Sugar & Energy's EBIT is ₹1.7B making its interest coverage ratio 5. It has cash and short-term investments of ₹11.9M.
Key information
50.5%
Debt to equity ratio
₹3.74b
Debt
| Interest coverage ratio | 5x |
| Cash | ₹11.87m |
| Equity | ₹7.41b |
| Total liabilities | ₹4.92b |
| Total assets | ₹12.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540650's short term assets (₹3.2B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: 540650's short term assets (₹3.2B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 540650's net debt to equity ratio (50.3%) is considered high.
Reducing Debt: 540650's debt to equity ratio has reduced from 138% to 50.5% over the past 5 years.
Debt Coverage: 540650's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: 540650's interest payments on its debt are well covered by EBIT (5x coverage).