Max India Balance Sheet Health
Financial Health criteria checks 5/6
Max India has a total shareholder equity of ₹4.4B and total debt of ₹14.7M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹6.6B and ₹2.1B respectively.
Key information
0.3%
Debt to equity ratio
₹14.70m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹2.49b |
| Equity | ₹4.45b |
| Total liabilities | ₹2.13b |
| Total assets | ₹6.58b |
Recent financial health updates
No updates
Recent updates
Shareholders May Not Be So Generous With Max India Limited's (NSE:MAXIND) CEO Compensation And Here's Why
Sep 17
There's Reason For Concern Over Max India Limited's (NSE:MAXIND) Price
Apr 27Max 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 (₹3.0B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: MAXIND's short term assets (₹3.0B) exceed its long term liabilities (₹672.7M).
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 35.5% to 0.3% 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: MAXIND has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MAXIND has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7.9% each year