Mac Charles (India) Balance Sheet Health
Financial Health criteria checks 1/6
Mac Charles (India) has a total shareholder equity of ₹1.8B and total debt of ₹8.3B, which brings its debt-to-equity ratio to 472%. Its total assets and total liabilities are ₹10.2B and ₹8.5B respectively.
Key information
472.0%
Debt to equity ratio
₹8.27b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹3.57b |
| Equity | ₹1.75b |
| Total liabilities | ₹8.46b |
| Total assets | ₹10.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507836's short term assets (₹3.7B) exceed its short term liabilities (₹172.8M).
Long Term Liabilities: 507836's short term assets (₹3.7B) do not cover its long term liabilities (₹8.3B).
Debt to Equity History and Analysis
Debt Level: 507836's net debt to equity ratio (268.4%) is considered high.
Reducing Debt: 507836's debt to equity ratio has increased from 38.3% to 472% over the past 5 years.
Debt Coverage: 507836's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 507836's interest payments on its debt are well covered by EBIT.