Megastar Foods Balance Sheet Health
Financial Health criteria checks 4/6
Megastar Foods has a total shareholder equity of ₹921.3M and total debt of ₹568.5M, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are ₹1.6B and ₹634.0M respectively. Megastar Foods's EBIT is ₹86.8M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹18.4M.
Key information
61.7%
Debt to equity ratio
₹568.54m
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹18.43m |
| Equity | ₹921.26m |
| Total liabilities | ₹634.04m |
| Total assets | ₹1.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541352's short term assets (₹488.5M) exceed its short term liabilities (₹219.6M).
Long Term Liabilities: 541352's short term assets (₹488.5M) exceed its long term liabilities (₹414.4M).
Debt to Equity History and Analysis
Debt Level: 541352's net debt to equity ratio (59.7%) is considered high.
Reducing Debt: 541352's debt to equity ratio has reduced from 187.9% to 61.7% over the past 5 years.
Debt Coverage: 541352's debt is well covered by operating cash flow (28.9%).
Interest Coverage: 541352's interest payments on its debt are not well covered by EBIT (2.2x coverage).