Macobs Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Macobs Technologies has a total shareholder equity of ₹98.3M and total debt of ₹25.0M, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are ₹144.3M and ₹46.1M respectively. Macobs Technologies's EBIT is ₹32.4M making its interest coverage ratio 18.1. It has cash and short-term investments of ₹42.0M.
Key information
25.5%
Debt to equity ratio
₹25.01m
Debt
| Interest coverage ratio | 18.1x |
| Cash | ₹42.00m |
| Equity | ₹98.28m |
| Total liabilities | ₹46.07m |
| Total assets | ₹144.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MACOBSTECH's short term assets (₹116.4M) exceed its short term liabilities (₹38.5M).
Long Term Liabilities: MACOBSTECH's short term assets (₹116.4M) exceed its long term liabilities (₹7.6M).
Debt to Equity History and Analysis
Debt Level: MACOBSTECH has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MACOBSTECH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MACOBSTECH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MACOBSTECH's interest payments on its debt are well covered by EBIT (18.1x coverage).