Marathon Nextgen Realty Balance Sheet Health
Financial Health criteria checks 4/6
Marathon Nextgen Realty has a total shareholder equity of ₹8.7B and total debt of ₹8.6B, which brings its debt-to-equity ratio to 98.3%. Its total assets and total liabilities are ₹21.8B and ₹13.1B respectively. Marathon Nextgen Realty's EBIT is ₹2.2B making its interest coverage ratio 3.8. It has cash and short-term investments of ₹578.6M.
Key information
98.3%
Debt to equity ratio
₹8.58b
Debt
| Interest coverage ratio | 3.8x |
| Cash | ₹578.59m |
| Equity | ₹8.72b |
| Total liabilities | ₹13.11b |
| Total assets | ₹21.83b |
Recent financial health updates
These 4 Measures Indicate That Marathon Nextgen Realty (NSE:MARATHON) Is Using Debt In A Risky Way
Jul 12
Here's Why Marathon Nextgen Realty (NSE:MARATHON) Is Weighed Down By Its Debt Load
Feb 15We Think Marathon Nextgen Realty (NSE:MARATHON) Is Taking Some Risk With Its Debt
Nov 15
Recent updates
Marathon Nextgen Realty Limited (NSE:MARATHON) Soars 30% But It's A Story Of Risk Vs Reward
Mar 02Should You Be Adding Marathon Nextgen Realty (NSE:MARATHON) To Your Watchlist Today?
Nov 08Marathon Nextgen Realty's (NSE:MARATHON) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 08Should You Be Adding Marathon Nextgen Realty (NSE:MARATHON) To Your Watchlist Today?
Apr 11We Ran A Stock Scan For Earnings Growth And Marathon Nextgen Realty (NSE:MARATHON) Passed With Ease
Dec 20We Think Marathon Nextgen Realty's (NSE:MARATHON) Profit Is Only A Baseline For What They Can Achieve
Nov 20Increases to CEO Compensation Might Be Put On Hold For Now at Marathon Nextgen Realty Limited (NSE:MARATHON)
Sep 23These 4 Measures Indicate That Marathon Nextgen Realty (NSE:MARATHON) Is Using Debt In A Risky Way
Jul 12Calculating The Fair Value Of Marathon Nextgen Realty Limited (NSE:MARATHON)
Mar 22Here's Why Marathon Nextgen Realty (NSE:MARATHON) Is Weighed Down By Its Debt Load
Feb 15Reflecting on Marathon Nextgen Realty's (NSE:MARATHON) Share Price Returns Over The Last Three Years
Jan 07We Think Marathon Nextgen Realty (NSE:MARATHON) Is Taking Some Risk With Its Debt
Nov 15Financial Position Analysis
Short Term Liabilities: MARATHON's short term assets (₹9.8B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: MARATHON's short term assets (₹9.8B) exceed its long term liabilities (₹8.5B).
Debt to Equity History and Analysis
Debt Level: MARATHON's net debt to equity ratio (91.7%) is considered high.
Reducing Debt: MARATHON's debt to equity ratio has increased from 62.7% to 98.3% over the past 5 years.
Debt Coverage: MARATHON's debt is well covered by operating cash flow (43.4%).
Interest Coverage: MARATHON's interest payments on its debt are well covered by EBIT (3.8x coverage).