Max Estates Balance Sheet Health
Financial Health criteria checks 4/6
Max Estates has a total shareholder equity of ₹25.7B and total debt of ₹13.1B, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are ₹63.4B and ₹37.7B respectively. Max Estates's EBIT is ₹390.8M making its interest coverage ratio 0.7. It has cash and short-term investments of ₹17.1B.
Key information
51.0%
Debt to equity ratio
₹13.13b
Debt
| Interest coverage ratio | 0.7x |
| Cash | ₹17.09b |
| Equity | ₹25.72b |
| Total liabilities | ₹37.68b |
| Total assets | ₹63.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAXESTATES's short term assets (₹40.2B) exceed its short term liabilities (₹12.0B).
Long Term Liabilities: MAXESTATES's short term assets (₹40.2B) exceed its long term liabilities (₹25.7B).
Debt to Equity History and Analysis
Debt Level: MAXESTATES has more cash than its total debt.
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 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MAXESTATES has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.