Megastar Foods Balance Sheet Health
Financial Health criteria checks 4/6
Megastar Foods has a total shareholder equity of ₹501.6M and total debt of ₹809.8M, which brings its debt-to-equity ratio to 161.5%. Its total assets and total liabilities are ₹1.6B and ₹1.1B respectively. Megastar Foods's EBIT is ₹153.5M making its interest coverage ratio 3.5. It has cash and short-term investments of ₹2.8M.
Key information
161.5%
Debt to equity ratio
₹809.84m
Debt
Interest coverage ratio | 3.5x |
Cash | ₹2.81m |
Equity | ₹501.55m |
Total liabilities | ₹1.05b |
Total assets | ₹1.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541352's short term assets (₹821.7M) exceed its short term liabilities (₹739.5M).
Long Term Liabilities: 541352's short term assets (₹821.7M) exceed its long term liabilities (₹312.7M).
Debt to Equity History and Analysis
Debt Level: 541352's net debt to equity ratio (160.9%) is considered high.
Reducing Debt: 541352's debt to equity ratio has increased from 157.2% to 161.5% over the past 5 years.
Debt Coverage: 541352's debt is well covered by operating cash flow (54%).
Interest Coverage: 541352's interest payments on its debt are well covered by EBIT (3.5x coverage).