Mahaveer Infoway Balance Sheet Health
Financial Health criteria checks 6/6
Mahaveer Infoway has a total shareholder equity of ₹46.2M and total debt of ₹8.9M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are ₹80.8M and ₹34.6M respectively. Mahaveer Infoway's EBIT is ₹7.5M making its interest coverage ratio 7.1. It has cash and short-term investments of ₹295.3K.
Key information
19.3%
Debt to equity ratio
₹8.92m
Debt
| Interest coverage ratio | 7.1x |
| Cash | ₹295.33k |
| Equity | ₹46.20m |
| Total liabilities | ₹34.62m |
| Total assets | ₹80.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539383's short term assets (₹61.0M) exceed its short term liabilities (₹34.6M).
Long Term Liabilities: 539383 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 539383's net debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: 539383's debt to equity ratio has reduced from 49.3% to 19.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 539383 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 539383 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.6% per year.