Marathon Nextgen Realty Balance Sheet Health
Financial Health criteria checks 4/6
Marathon Nextgen Realty has a total shareholder equity of ₹8.7B and total debt of ₹8.6B, which brings its debt-to-equity ratio to 98.3%. Its total assets and total liabilities are ₹21.8B and ₹13.1B respectively. Marathon Nextgen Realty's EBIT is ₹2.2B making its interest coverage ratio 3.8. It has cash and short-term investments of ₹578.6M.
Key information
98.3%
Debt to equity ratio
₹8.58b
Debt
Interest coverage ratio | 3.8x |
Cash | ₹578.59m |
Equity | ₹8.72b |
Total liabilities | ₹13.11b |
Total assets | ₹21.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 503101's short term assets (₹9.8B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: 503101's short term assets (₹9.8B) exceed its long term liabilities (₹8.5B).
Debt to Equity History and Analysis
Debt Level: 503101's net debt to equity ratio (91.7%) is considered high.
Reducing Debt: 503101's debt to equity ratio has increased from 62.7% to 98.3% over the past 5 years.
Debt Coverage: 503101's debt is well covered by operating cash flow (43.4%).
Interest Coverage: 503101's interest payments on its debt are well covered by EBIT (3.8x coverage).