Macrotech Developers Balance Sheet Health
Financial Health criteria checks 6/6
Macrotech Developers has a total shareholder equity of ₹175.3B and total debt of ₹76.8B, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are ₹472.3B and ₹296.9B respectively. Macrotech Developers's EBIT is ₹24.7B making its interest coverage ratio 5.2. It has cash and short-term investments of ₹46.4B.
Key information
43.8%
Debt to equity ratio
₹76.80b
Debt
Interest coverage ratio | 5.2x |
Cash | ₹46.42b |
Equity | ₹175.34b |
Total liabilities | ₹296.91b |
Total assets | ₹472.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543287's short term assets (₹445.6B) exceed its short term liabilities (₹274.3B).
Long Term Liabilities: 543287's short term assets (₹445.6B) exceed its long term liabilities (₹22.6B).
Debt to Equity History and Analysis
Debt Level: 543287's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: 543287's debt to equity ratio has reduced from 586% to 43.8% over the past 5 years.
Debt Coverage: 543287's debt is well covered by operating cash flow (32.7%).
Interest Coverage: 543287's interest payments on its debt are well covered by EBIT (5.2x coverage).