Mach Conferences and Events Balance Sheet Health
Financial Health criteria checks 5/6
Mach Conferences and Events has a total shareholder equity of ₹495.1M and total debt of ₹123.3M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are ₹1.0B and ₹517.7M respectively. Mach Conferences and Events's EBIT is ₹342.9M making its interest coverage ratio 41.2. It has cash and short-term investments of ₹219.1M.
Key information
24.9%
Debt to equity ratio
₹123.31m
Debt
| Interest coverage ratio | 41.2x |
| Cash | ₹219.08m |
| Equity | ₹495.09m |
| Total liabilities | ₹517.71m |
| Total assets | ₹1.01b |
Recent financial health updates
No updates
Recent updates
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Financial Position Analysis
Short Term Liabilities: 544248's short term assets (₹795.0M) exceed its short term liabilities (₹446.9M).
Long Term Liabilities: 544248's short term assets (₹795.0M) exceed its long term liabilities (₹70.8M).
Debt to Equity History and Analysis
Debt Level: 544248 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 544248's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544248's debt is well covered by operating cash flow (143.3%).
Interest Coverage: 544248's interest payments on its debt are well covered by EBIT (41.2x coverage).