Magnum Ventures Balance Sheet Health
Financial Health criteria checks 4/6
Magnum Ventures has a total shareholder equity of ₹7.0B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are ₹11.6B and ₹4.6B respectively. Magnum Ventures's EBIT is ₹145.7M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹144.1M.
Key information
21.7%
Debt to equity ratio
₹1.51b
Debt
| Interest coverage ratio | 0.8x |
| Cash | ₹144.14m |
| Equity | ₹6.99b |
| Total liabilities | ₹4.58b |
| Total assets | ₹11.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532896's short term assets (₹1.8B) exceed its short term liabilities (₹904.8M).
Long Term Liabilities: 532896's short term assets (₹1.8B) do not cover its long term liabilities (₹3.7B).
Debt to Equity History and Analysis
Debt Level: 532896's net debt to equity ratio (19.6%) 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 (25.8%).
Interest Coverage: 532896's interest payments on its debt are not well covered by EBIT (0.8x coverage).