Max Financial Services Balance Sheet Health
Financial Health criteria checks 3/6
Max Financial Services has a total shareholder equity of ₹62.7B and total debt of ₹5.0B, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are ₹1,827.9B and ₹1,765.2B respectively. Max Financial Services's EBIT is ₹5.8B making its interest coverage ratio 5.8. It has cash and short-term investments of ₹5.2B.
Key information
8.0%
Debt to equity ratio
₹5.02b
Debt
| Interest coverage ratio | 5.8x |
| Cash | ₹5.16b |
| Equity | ₹62.73b |
| Total liabilities | ₹1.77t |
| Total assets | ₹1.83t |
Recent financial health updates
No updates
Recent updates
Max Financial Services Limited (NSE:MFSL) Screens Well But There Might Be A Catch
Jul 29
Not Many Are Piling Into Max Financial Services Limited (NSE:MFSL) Just Yet
Apr 01Max Financial Services Limited's (NSE:MFSL) Business Is Trailing The Market But Its Shares Aren't
Dec 21We Ran A Stock Scan For Earnings Growth And Max Financial Services (NSE:MFSL) Passed With Ease
Nov 09Is Now The Time To Put Max Financial Services (NSE:MFSL) On Your Watchlist?
Jul 14Some Analysts Just Cut Their Max Financial Services Limited (NSE:MFSL) Estimates
Aug 03I Ran A Stock Scan For Earnings Growth And Max Financial Services (NSE:MFSL) Passed With Ease
Jun 10What Kind Of Shareholders Hold The Majority In Max Financial Services Limited's (NSE:MFSL) Shares?
Mar 17MD & Director Mohit Talwar Just Sold A Bunch Of Shares In Max Financial Services Limited (NSE:MFSL)
Dec 26
Update: Max Financial Services (NSE:MFSL) Stock Gained 30% In The Last Five Years
Dec 06Financial Position Analysis
Short Term Liabilities: MFSL's short term assets (₹5.2B) do not cover its short term liabilities (₹13.6B).
Long Term Liabilities: MFSL's short term assets (₹5.2B) do not cover its long term liabilities (₹1,751.6B).
Debt to Equity History and Analysis
Debt Level: MFSL has more cash than its total debt.
Reducing Debt: MFSL's debt to equity ratio has increased from 0.1% to 8% over the past 5 years.
Debt Coverage: MFSL's debt is well covered by operating cash flow (863%).
Interest Coverage: MFSL's interest payments on its debt are well covered by EBIT (5.8x coverage).