Magadh Sugar & Energy Balance Sheet Health
Financial Health criteria checks 6/6
Magadh Sugar & Energy has a total shareholder equity of ₹6.6B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are ₹9.7B and ₹3.1B respectively. Magadh Sugar & Energy's EBIT is ₹1.8B making its interest coverage ratio 5.8. It has cash and short-term investments of ₹10.1M.
Key information
32.3%
Debt to equity ratio
₹2.14b
Debt
Interest coverage ratio | 5.8x |
Cash | ₹10.10m |
Equity | ₹6.60b |
Total liabilities | ₹3.11b |
Total assets | ₹9.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540650's short term assets (₹1.8B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: 540650's short term assets (₹1.8B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 540650's net debt to equity ratio (32.2%) is considered satisfactory.
Reducing Debt: 540650's debt to equity ratio has reduced from 86.5% to 32.3% over the past 5 years.
Debt Coverage: 540650's debt is well covered by operating cash flow (67.5%).
Interest Coverage: 540650's interest payments on its debt are well covered by EBIT (5.8x coverage).