Magnum Ventures Balance Sheet Health
Financial Health criteria checks 4/6
Magnum Ventures has a total shareholder equity of ₹6.2B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are ₹10.6B and ₹4.4B respectively. Magnum Ventures's EBIT is ₹291.3M making its interest coverage ratio 9.2. It has cash and short-term investments of ₹55.7M.
Key information
26.1%
Debt to equity ratio
₹1.60b
Debt
Interest coverage ratio | 9.2x |
Cash | ₹55.71m |
Equity | ₹6.16b |
Total liabilities | ₹4.41b |
Total assets | ₹10.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532896's short term assets (₹1.4B) do not cover its short term liabilities (₹1.6B).
Long Term Liabilities: 532896's short term assets (₹1.4B) do not cover its long term liabilities (₹2.8B).
Debt to Equity History and Analysis
Debt Level: 532896's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: 532896 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 532896's debt is well covered by operating cash flow (27.5%).
Interest Coverage: 532896's interest payments on its debt are well covered by EBIT (9.2x coverage).