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
Magadh Sugar & Energy (NSE:MAGADSUGAR) Takes On Some Risk With Its Use Of Debt
Jun 12
Is Magadh Sugar & Energy (NSE:MAGADSUGAR) Using Too Much Debt?
Dec 20Here's Why Magadh Sugar & Energy (NSE:MAGADSUGAR) Is Weighed Down By Its Debt Load
Jul 02These 4 Measures Indicate That Magadh Sugar & Energy (NSE:MAGADSUGAR) Is Using Debt In A Risky Way
Mar 21Magadh Sugar & Energy (NSE:MAGADSUGAR) Has No Shortage Of Debt
Dec 09
Is Magadh Sugar & Energy (NSE:MAGADSUGAR) A Risky Investment?
Jul 29Recent updates
Here's Why We Think Magadh Sugar & Energy (NSE:MAGADSUGAR) Is Well Worth Watching
Apr 30Does Magadh Sugar & Energy (NSE:MAGADSUGAR) Deserve A Spot On Your Watchlist?
Dec 07Calculating The Intrinsic Value Of Magadh Sugar & Energy Limited (NSE:MAGADSUGAR)
Sep 01Magadh Sugar & Energy (NSE:MAGADSUGAR) Takes On Some Risk With Its Use Of Debt
Jun 12There Are Reasons To Feel Uneasy About Magadh Sugar & Energy's (NSE:MAGADSUGAR) Returns On Capital
Aug 09Some Investors May Be Worried About Magadh Sugar & Energy's (NSE:MAGADSUGAR) Returns On Capital
Apr 19Magadh Sugar & Energy (NSE:MAGADSUGAR) Might Be Having Difficulty Using Its Capital Effectively
Jan 17Is Magadh Sugar & Energy (NSE:MAGADSUGAR) Using Too Much Debt?
Dec 20We Think Some Shareholders May Hesitate To Increase Magadh Sugar & Energy Limited's (NSE:MAGADSUGAR) CEO Compensation
Aug 17Here's Why Magadh Sugar & Energy (NSE:MAGADSUGAR) Is Weighed Down By Its Debt Load
Jul 02Magadh Sugar & Energy (NSE:MAGADSUGAR) Could Be Struggling To Allocate Capital
May 06These 4 Measures Indicate That Magadh Sugar & Energy (NSE:MAGADSUGAR) Is Using Debt In A Risky Way
Mar 21Is Magadh Sugar & Energy Limited's (NSE:MAGADSUGAR) 3.5% Dividend Worth Your Time?
Feb 22What Can We Make Of Magadh Sugar & Energy's (NSE:MAGADSUGAR) CEO Compensation?
Feb 01Magadh Sugar & Energy's (NSE:MAGADSUGAR) Earnings Are Growing But Is There More To The Story?
Jan 14Is Magadh Sugar & Energy (NSE:MAGADSUGAR) Likely To Turn Things Around?
Dec 27Magadh Sugar & Energy (NSE:MAGADSUGAR) Has No Shortage Of Debt
Dec 09Is Magadh Sugar & Energy Limited (NSE:MAGADSUGAR) A Great Dividend Stock?
Nov 21How Is Magadh Sugar & Energy's (NSE:MAGADSUGAR) CEO Compensated?
Sep 29Investors Aren't Entirely Convinced About Magadh Sugar & Energy Limited's (NSE:MAGADSUGAR) Earnings
Sep 02Is Magadh Sugar & Energy (NSE:MAGADSUGAR) A Risky Investment?
Jul 29Is There More To The Story Than Magadh Sugar & Energy's (NSE:MAGADSUGAR) Earnings Growth?
Jul 08Financial Position Analysis
Short Term Liabilities: MAGADSUGAR's short term assets (₹1.8B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: MAGADSUGAR's short term assets (₹1.8B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: MAGADSUGAR's net debt to equity ratio (32.2%) is considered satisfactory.
Reducing Debt: MAGADSUGAR's debt to equity ratio has reduced from 86.5% to 32.3% over the past 5 years.
Debt Coverage: MAGADSUGAR's debt is well covered by operating cash flow (67.5%).
Interest Coverage: MAGADSUGAR's interest payments on its debt are well covered by EBIT (5.8x coverage).