Max Ventures and Industries Balance Sheet Health
Financial Health criteria checks 2/6
Max Ventures and Industries has a total shareholder equity of ₹12.5B and total debt of ₹8.2B, which brings its debt-to-equity ratio to 65.8%. Its total assets and total liabilities are ₹22.3B and ₹9.7B respectively. Max Ventures and Industries's EBIT is ₹407.0M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹1.5B.
Key information
65.8%
Debt to equity ratio
₹8.24b
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹1.47b |
| Equity | ₹12.52b |
| Total liabilities | ₹9.73b |
| Total assets | ₹22.26b |
Recent financial health updates
We Think Max Ventures and Industries (NSE:MAXVIL) Is Taking Some Risk With Its Debt
Aug 11
Max Ventures and Industries (NSE:MAXVIL) Seems To Use Debt Quite Sensibly
Aug 17Does Max Ventures and Industries (NSE:MAXVIL) Have A Healthy Balance Sheet?
Aug 02Does Max Ventures and Industries (NSE:MAXVIL) Have A Healthy Balance Sheet?
Feb 05Recent updates
We Think Max Ventures and Industries (NSE:MAXVIL) Is Taking Some Risk With Its Debt
Aug 11Capital Allocation Trends At Max Ventures and Industries (NSE:MAXVIL) Aren't Ideal
Apr 14Returns Are Gaining Momentum At Max Ventures and Industries (NSE:MAXVIL)
Dec 08Max Ventures and Industries (NSE:MAXVIL) Seems To Use Debt Quite Sensibly
Aug 17Max Ventures and Industries (NSE:MAXVIL) Might Be Having Difficulty Using Its Capital Effectively
Jul 19Does Max Ventures and Industries (NSE:MAXVIL) Deserve A Spot On Your Watchlist?
Oct 25Shareholders Will Probably Hold Off On Increasing Max Ventures and Industries Limited's (NSE:MAXVIL) CEO Compensation For The Time Being
Sep 16Max Ventures and Industries Limited's (NSE:MAXVIL) Popularity With Investors Is Under Threat From Overpricing
Aug 23Does Max Ventures and Industries (NSE:MAXVIL) Have A Healthy Balance Sheet?
Aug 02Calculating The Intrinsic Value Of Max Ventures and Industries Limited (NSE:MAXVIL)
Mar 15What Type Of Shareholders Make Up Max Ventures and Industries Limited's (NSE:MAXVIL) Share Registry?
Feb 22Does Max Ventures and Industries (NSE:MAXVIL) Have A Healthy Balance Sheet?
Feb 05Max Ventures and Industries' (NSE:MAXVIL) Stock Price Has Reduced 44% In The Past Three Years
Jan 09
The CEO, MD & Director of Max Ventures and Industries Limited (NSE:MAXVIL), Sahil Vachani, Just Bought 16% More Shares
Dec 17A Look At Max Ventures and Industries' (NSE:MAXVIL) CEO Remuneration
Dec 08Financial Position Analysis
Short Term Liabilities: MAXVIL's short term assets (₹6.1B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: MAXVIL's short term assets (₹6.1B) do not cover its long term liabilities (₹8.4B).
Debt to Equity History and Analysis
Debt Level: MAXVIL's net debt to equity ratio (54.1%) is considered high.
Reducing Debt: MAXVIL's debt to equity ratio has reduced from 126.3% to 65.8% over the past 5 years.
Debt Coverage: MAXVIL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MAXVIL's interest payments on its debt are not well covered by EBIT (2.2x coverage).