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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 20:48 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Max Financial Services Limited is covered by 39 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Supratim Datta | Ambit Capital |
| null null | Antique Stockbroking Ltd. |
| null null | Asian Markets Securities Private Limited |