Max India Balance Sheet Health
Financial Health criteria checks 6/6
Max India has a total shareholder equity of ₹5.3B and total debt of ₹152.3M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are ₹7.1B and ₹1.8B respectively.
Key information
2.9%
Debt to equity ratio
₹152.30m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹4.00b |
| Equity | ₹5.29b |
| Total liabilities | ₹1.84b |
| Total assets | ₹7.13b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Max India Limited's (NSE:MAXIND) Price
Apr 27
Max India Limited's (NSE:MAXINDIA) Business Is Yet to Catch Up With Its Share Price
Dec 27Returns At Max India (NSE:MAXIND) Are On The Way Up
Aug 02Pinning Down Max India Limited's (NSE:MAXIND) P/S Is Difficult Right Now
Jun 01A Look At The Fair Value Of Max India Limited (NSE:MAXIND)
Apr 25Financial Position Analysis
Short Term Liabilities: MAXIND's short term assets (₹4.6B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: MAXIND's short term assets (₹4.6B) exceed its long term liabilities (₹237.0M).
Debt to Equity History and Analysis
Debt Level: MAXIND has more cash than its total debt.
Reducing Debt: MAXIND's debt to equity ratio has reduced from 14.5% to 2.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MAXIND has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MAXIND is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.4% per year.