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
Recent updates
Magnum Ventures Limited's (NSE:MAGNUM) Shares Bounce 34% But Its Business Still Trails The Market
Apr 30
Investors Will Want Magnum Ventures' (NSE:MAGNUM) Growth In ROCE To Persist
Apr 27Why Investors Shouldn't Be Surprised By Magnum Ventures Limited's (NSE:MAGNUM) 26% Share Price Plunge
Mar 16A Look At The Fair Value Of Magnum Ventures Limited (NSE:MAGNUM)
Mar 06Is Magnum Ventures (NSE:MAGNUM) A Risky Investment?
Jul 20Magnum Ventures' (NSE:MAGNUM) Returns On Capital Are Heading Higher
Jun 23Does Magnum Ventures (NSE:MAGNUM) Deserve A Spot On Your Watchlist?
May 10Do Magnum Ventures' (NSE:MAGNUM) Earnings Warrant Your Attention?
Jan 13Calculating The Fair Value Of Magnum Ventures Limited (NSE:MAGNUM)
Nov 08Magnum Ventures (NSE:MAGNUM) Shareholders Will Want The ROCE Trajectory To Continue
Sep 30With EPS Growth And More, Magnum Ventures (NSE:MAGNUM) Makes An Interesting Case
Jul 21Returns Are Gaining Momentum At Magnum Ventures (NSE:MAGNUM)
Jun 02Magnum Ventures' (NSE:MAGNUM) Promising Earnings May Rest On Soft Foundations
Nov 04Magnum Ventures (NSE:MAGNUM) Might Have The Makings Of A Multi-Bagger
Oct 20We Like These Underlying Return On Capital Trends At Magnum Ventures (NSE:MAGNUM)
Jul 06A Look At The Fair Value Of Magnum Ventures Limited (NSE:MAGNUM)
Oct 08Financial Position Analysis
Short Term Liabilities: MAGNUM's short term assets (₹1.4B) do not cover its short term liabilities (₹1.6B).
Long Term Liabilities: MAGNUM's short term assets (₹1.4B) do not cover its long term liabilities (₹2.8B).
Debt to Equity History and Analysis
Debt Level: MAGNUM's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: MAGNUM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: MAGNUM's debt is well covered by operating cash flow (27.5%).
Interest Coverage: MAGNUM's interest payments on its debt are well covered by EBIT (9.2x coverage).