Max Ventures and Industries Balance Sheet Health
Financial Health criteria checks 2/6
Max Ventures and Industries has a total shareholder equity of ₹12.5B and total debt of ₹8.2B, which brings its debt-to-equity ratio to 65.8%. Its total assets and total liabilities are ₹22.3B and ₹9.7B respectively. Max Ventures and Industries's EBIT is ₹407.0M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹1.5B.
Key information
65.8%
Debt to equity ratio
₹8.24b
Debt
Interest coverage ratio | 2.2x |
Cash | ₹1.47b |
Equity | ₹12.52b |
Total liabilities | ₹9.73b |
Total assets | ₹22.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539940's short term assets (₹6.1B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 539940's short term assets (₹6.1B) do not cover its long term liabilities (₹8.4B).
Debt to Equity History and Analysis
Debt Level: 539940's net debt to equity ratio (54.1%) is considered high.
Reducing Debt: 539940's debt to equity ratio has reduced from 126.3% to 65.8% over the past 5 years.
Debt Coverage: 539940's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539940's interest payments on its debt are not well covered by EBIT (2.2x coverage).