Megastar Foods Balance Sheet Health
Financial Health criteria checks 2/6
Megastar Foods has a total shareholder equity of ₹918.0M and total debt of ₹1.8B, which brings its debt-to-equity ratio to 194.8%. Its total assets and total liabilities are ₹3.1B and ₹2.1B respectively. Megastar Foods's EBIT is ₹96.2M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹12.6M.
Key information
194.8%
Debt to equity ratio
₹1.79b
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹12.56m |
| Equity | ₹917.97m |
| Total liabilities | ₹2.14b |
| Total assets | ₹3.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541352's short term assets (₹1.7B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: 541352's short term assets (₹1.7B) exceed its long term liabilities (₹512.5M).
Debt to Equity History and Analysis
Debt Level: 541352's net debt to equity ratio (193.5%) is considered high.
Reducing Debt: 541352's debt to equity ratio has increased from 187.9% to 194.8% over the past 5 years.
Debt Coverage: 541352's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 541352's interest payments on its debt are not well covered by EBIT (2.4x coverage).