Marathon Nextgen Realty Balance Sheet Health
Financial Health criteria checks 2/6
Marathon Nextgen Realty has a total shareholder equity of ₹10.1B and total debt of ₹7.6B, which brings its debt-to-equity ratio to 75.5%. Its total assets and total liabilities are ₹22.4B and ₹12.3B respectively. Marathon Nextgen Realty's EBIT is ₹2.2B making its interest coverage ratio 2.6. It has cash and short-term investments of ₹931.1M.
Key information
75.5%
Debt to equity ratio
₹7.61b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₹931.10m |
| Equity | ₹10.07b |
| Total liabilities | ₹12.31b |
| Total assets | ₹22.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 503101's short term assets (₹11.2B) exceed its short term liabilities (₹5.6B).
Long Term Liabilities: 503101's short term assets (₹11.2B) exceed its long term liabilities (₹6.7B).
Debt to Equity History and Analysis
Debt Level: 503101's net debt to equity ratio (66.3%) is considered high.
Reducing Debt: 503101's debt to equity ratio has increased from 71.5% to 75.5% over the past 5 years.
Debt Coverage: 503101's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: 503101's interest payments on its debt are not well covered by EBIT (2.6x coverage).