Max Earth Resources Balance Sheet Health
Financial Health criteria checks 4/6
Max Earth Resources has a total shareholder equity of ₹11.7M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹12.5M and ₹769.6K respectively.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | n/a |
| Cash | ₹4.06m |
| Equity | ₹11.71m |
| Total liabilities | ₹769.60k |
| Total assets | ₹12.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534563's short term assets (₹6.4M) exceed its short term liabilities (₹769.6K).
Long Term Liabilities: 534563 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 534563 is debt free.
Reducing Debt: 534563 has no debt compared to 5 years ago when its debt to equity ratio was 14.1%.
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: 534563 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 534563 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 69.3% each year