Macobs Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Macobs Technologies has a total shareholder equity of ₹311.3M and total debt of ₹9.6M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are ₹403.0M and ₹91.7M respectively. Macobs Technologies's EBIT is ₹48.4M making its interest coverage ratio 28.6. It has cash and short-term investments of ₹98.6M.
Key information
3.1%
Debt to equity ratio
₹9.55m
Debt
| Interest coverage ratio | 28.6x |
| Cash | ₹98.64m |
| Equity | ₹311.30m |
| Total liabilities | ₹91.74m |
| Total assets | ₹403.03m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MACOBSTECH's short term assets (₹335.3M) exceed its short term liabilities (₹85.7M).
Long Term Liabilities: MACOBSTECH's short term assets (₹335.3M) exceed its long term liabilities (₹6.1M).
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 (28.6x coverage).