Max Heights Infrastructure Balance Sheet Health
Financial Health criteria checks 5/6
Max Heights Infrastructure has a total shareholder equity of ₹329.1M and total debt of ₹22.5M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are ₹353.1M and ₹24.0M respectively. Max Heights Infrastructure's EBIT is ₹6.2M making its interest coverage ratio 4.6. It has cash and short-term investments of ₹16.3M.
Key information
6.8%
Debt to equity ratio
₹22.48m
Debt
| Interest coverage ratio | 4.6x |
| Cash | ₹16.30m |
| Equity | ₹329.12m |
| Total liabilities | ₹24.00m |
| Total assets | ₹353.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534338's short term assets (₹329.0M) exceed its short term liabilities (₹3.3M).
Long Term Liabilities: 534338's short term assets (₹329.0M) exceed its long term liabilities (₹20.7M).
Debt to Equity History and Analysis
Debt Level: 534338's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: 534338's debt to equity ratio has reduced from 279.8% to 6.8% over the past 5 years.
Debt Coverage: 534338's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 534338's interest payments on its debt are well covered by EBIT (4.6x coverage).