Mach Conferences and Events Balance Sheet Health
Financial Health criteria checks 5/6
Mach Conferences and Events has a total shareholder equity of ₹971.8M and total debt of ₹122.0M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are ₹1.4B and ₹382.7M respectively. Mach Conferences and Events's EBIT is ₹391.6M making its interest coverage ratio 46.8. It has cash and short-term investments of ₹450.6M.
Key information
12.6%
Debt to equity ratio
₹122.01m
Debt
| Interest coverage ratio | 46.8x |
| Cash | ₹450.56m |
| Equity | ₹971.83m |
| Total liabilities | ₹382.67m |
| Total assets | ₹1.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544248's short term assets (₹1.2B) exceed its short term liabilities (₹315.7M).
Long Term Liabilities: 544248's short term assets (₹1.2B) exceed its long term liabilities (₹67.0M).
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 (146.8%).
Interest Coverage: 544248's interest payments on its debt are well covered by EBIT (46.8x coverage).