Maharaja Foods Balance Sheet Health
Financial Health criteria checks 4/6
Maharaja Foods has a total shareholder equity of LKR235.1M and total debt of LKR75.8M, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are LKR360.0M and LKR124.9M respectively. Maharaja Foods's EBIT is LKR59.4M making its interest coverage ratio 3.3. It has cash and short-term investments of LKR53.4M.
Key information
32.2%
Debt to equity ratio
LK₨75.76m
Debt
| Interest coverage ratio | 3.3x |
| Cash | LK₨53.45m |
| Equity | LK₨235.08m |
| Total liabilities | LK₨124.91m |
| Total assets | LK₨359.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFPE.N0000's short term assets (LKR236.4M) exceed its short term liabilities (LKR115.5M).
Long Term Liabilities: MFPE.N0000's short term assets (LKR236.4M) exceed its long term liabilities (LKR9.4M).
Debt to Equity History and Analysis
Debt Level: MFPE.N0000's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MFPE.N0000's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MFPE.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MFPE.N0000's interest payments on its debt are well covered by EBIT (3.3x coverage).