Max Estates Balance Sheet Health
Financial Health criteria checks 3/6
Max Estates has a total shareholder equity of ₹14.5B and total debt of ₹12.7B, which brings its debt-to-equity ratio to 87.5%. Its total assets and total liabilities are ₹34.6B and ₹20.1B respectively. Max Estates's EBIT is ₹278.4M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹4.0B.
Key information
87.5%
Debt to equity ratio
₹12.69b
Debt
| Interest coverage ratio | 0.5x |
| Cash | ₹3.97b |
| Equity | ₹14.49b |
| Total liabilities | ₹20.12b |
| Total assets | ₹34.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAXESTATES's short term assets (₹11.8B) exceed its short term liabilities (₹5.6B).
Long Term Liabilities: MAXESTATES's short term assets (₹11.8B) do not cover its long term liabilities (₹14.5B).
Debt to Equity History and Analysis
Debt Level: MAXESTATES's net debt to equity ratio (60.2%) is considered high.
Reducing Debt: Insufficient data to determine if MAXESTATES's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MAXESTATES has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MAXESTATES has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 3.4% each year.