Magellanic Cloud Balance Sheet Health
Financial Health criteria checks 4/6
Magellanic Cloud has a total shareholder equity of ₹4.6B and total debt of ₹2.2B, which brings its debt-to-equity ratio to 48%. Its total assets and total liabilities are ₹8.4B and ₹3.8B respectively. Magellanic Cloud's EBIT is ₹1.7B making its interest coverage ratio 7.5. It has cash and short-term investments of ₹110.0M.
Key information
48.0%
Debt to equity ratio
₹2.20b
Debt
| Interest coverage ratio | 7.5x |
| Cash | ₹110.04m |
| Equity | ₹4.57b |
| Total liabilities | ₹3.84b |
| Total assets | ₹8.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538891's short term assets (₹3.5B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 538891's short term assets (₹3.5B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: 538891's net debt to equity ratio (45.6%) is considered high.
Reducing Debt: 538891's debt to equity ratio has increased from 25.6% to 48% over the past 5 years.
Debt Coverage: 538891's debt is well covered by operating cash flow (35.3%).
Interest Coverage: 538891's interest payments on its debt are well covered by EBIT (7.5x coverage).