Max Heights Infrastructure Balance Sheet Health
Financial Health criteria checks 2/6
Max Heights Infrastructure has a total shareholder equity of ₹265.6M and total debt of ₹774.8M, which brings its debt-to-equity ratio to 291.7%. Its total assets and total liabilities are ₹1.4B and ₹1.1B respectively. Max Heights Infrastructure's EBIT is ₹13.7M making its interest coverage ratio 0.4. It has cash and short-term investments of ₹61.0M.
Key information
291.7%
Debt to equity ratio
₹774.81m
Debt
Interest coverage ratio | 0.4x |
Cash | ₹61.01m |
Equity | ₹265.59m |
Total liabilities | ₹1.14b |
Total assets | ₹1.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534338's short term assets (₹1.4B) exceed its short term liabilities (₹707.7M).
Long Term Liabilities: 534338's short term assets (₹1.4B) exceed its long term liabilities (₹436.7M).
Debt to Equity History and Analysis
Debt Level: 534338's net debt to equity ratio (268.8%) is considered high.
Reducing Debt: 534338's debt to equity ratio has increased from 280.5% to 291.7% over the past 5 years.
Debt Coverage: 534338's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: 534338's interest payments on its debt are not well covered by EBIT (0.4x coverage).