Magellanic Cloud Balance Sheet Health
Financial Health criteria checks 3/6
Magellanic Cloud has a total shareholder equity of ₹4.1B and total debt of ₹2.4B, which brings its debt-to-equity ratio to 57.8%. Its total assets and total liabilities are ₹8.0B and ₹3.9B respectively. Magellanic Cloud's EBIT is ₹1.6B making its interest coverage ratio 7.7. It has cash and short-term investments of ₹166.8M.
Key information
57.8%
Debt to equity ratio
₹2.35b
Debt
Interest coverage ratio | 7.7x |
Cash | ₹166.85m |
Equity | ₹4.07b |
Total liabilities | ₹3.93b |
Total assets | ₹8.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538891's short term assets (₹3.3B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 538891's short term assets (₹3.3B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 538891's net debt to equity ratio (53.7%) is considered high.
Reducing Debt: 538891's debt to equity ratio has increased from 22.8% to 57.8% over the past 5 years.
Debt Coverage: 538891's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: 538891's interest payments on its debt are well covered by EBIT (7.7x coverage).