Mahavir Industries Balance Sheet Health
Financial Health criteria checks 6/6
Mahavir Industries has a total shareholder equity of ₹241.5K and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹769.8K and ₹528.4K respectively. Mahavir Industries's EBIT is ₹234.0K making its interest coverage ratio -39. It has cash and short-term investments of ₹136.0K.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | -39x |
Cash | ₹135.99k |
Equity | ₹241.46k |
Total liabilities | ₹528.35k |
Total assets | ₹769.81k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531648's short term assets (₹769.8K) exceed its short term liabilities (₹528.4K).
Long Term Liabilities: 531648 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 531648 is debt free.
Reducing Debt: 531648 has no debt compared to 5 years ago when its debt to equity ratio was 49.7%.
Debt Coverage: 531648 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 531648 has no debt, therefore coverage of interest payments is not a concern.