Macrotech Developers Balance Sheet Health
Financial Health criteria checks 5/6
Macrotech Developers has a total shareholder equity of ₹182.5B and total debt of ₹79.7B, which brings its debt-to-equity ratio to 43.7%. Its total assets and total liabilities are ₹473.9B and ₹291.3B respectively. Macrotech Developers's EBIT is ₹31.9B making its interest coverage ratio 10.3. It has cash and short-term investments of ₹26.8B.
Key information
43.7%
Debt to equity ratio
₹79.74b
Debt
| Interest coverage ratio | 10.3x |
| Cash | ₹26.81b |
| Equity | ₹182.50b |
| Total liabilities | ₹291.35b |
| Total assets | ₹473.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543287's short term assets (₹452.2B) exceed its short term liabilities (₹269.6B).
Long Term Liabilities: 543287's short term assets (₹452.2B) exceed its long term liabilities (₹21.7B).
Debt to Equity History and Analysis
Debt Level: 543287's net debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: 543287's debt to equity ratio has reduced from 480.6% to 43.7% over the past 5 years.
Debt Coverage: 543287's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: 543287's interest payments on its debt are well covered by EBIT (10.3x coverage).