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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/08/29 14:07 |
| End of Day Share Price | 2023/08/10 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2023/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Max Ventures and Industries Limited is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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