Magnit Balance Sheet Health
Financial Health criteria checks 1/6
Magnit has a total shareholder equity of RUB208.4B and total debt of RUB292.9B, which brings its debt-to-equity ratio to 140.6%. Its total assets and total liabilities are RUB1,207.5B and RUB999.2B respectively. Magnit's EBIT is RUB130.2B making its interest coverage ratio 2.5. It has cash and short-term investments of RUB108.8B.
Key information
140.6%
Debt to equity ratio
₽292.86b
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₽108.82b |
| Equity | ₽208.36b |
| Total liabilities | ₽999.18b |
| Total assets | ₽1.21t |
Recent financial health updates
Magnit (MCX:MGNT) Has A Somewhat Strained Balance Sheet
Nov 25
Magnit (MCX:MGNT) Has A Pretty Healthy Balance Sheet
Aug 25These 4 Measures Indicate That Magnit (MCX:MGNT) Is Using Debt Reasonably Well
May 22Recent updates
Calculating The Fair Value Of Public Joint Stock Company Magnit (MCX:MGNT)
Feb 06Magnit (MCX:MGNT) Has A Somewhat Strained Balance Sheet
Nov 25Is There An Opportunity With Public Joint Stock Company Magnit's (MCX:MGNT) 37% Undervaluation?
Oct 24Is Now The Time To Put Magnit (MCX:MGNT) On Your Watchlist?
Sep 25Magnit (MCX:MGNT) Has A Pretty Healthy Balance Sheet
Aug 25With EPS Growth And More, Magnit (MCX:MGNT) Is Interesting
Jun 15These 4 Measures Indicate That Magnit (MCX:MGNT) Is Using Debt Reasonably Well
May 22Magnit's (MCX:MGNT) Robust Earnings Are Supported By Other Strong Factors
Mar 22How Many Public Joint Stock Company Magnit (MCX:MGNT) Shares Do Institutions Own?
Mar 16An Intrinsic Calculation For Public Joint Stock Company Magnit (MCX:MGNT) Suggests It's 22% Undervalued
Feb 25Are Dividend Investors Getting More Than They Bargained For With Public Joint Stock Company Magnit's (MCX:MGNT) Dividend?
Feb 07Does Public Joint Stock Company Magnit (MCX:MGNT) Create Value For Shareholders?
Jan 19Don't Buy Public Joint Stock Company Magnit (MCX:MGNT) For Its Next Dividend Without Doing These Checks
Jan 01Investors Who Bought Magnit (MCX:MGNT) Shares A Year Ago Are Now Up 65%
Dec 18
What Type Of Shareholders Make Up Public Joint Stock Company Magnit's (MCX:MGNT) Share Registry?
Dec 01Financial Position Analysis
Short Term Liabilities: MGNT's short term assets (RUB344.7B) do not cover its short term liabilities (RUB487.1B).
Long Term Liabilities: MGNT's short term assets (RUB344.7B) do not cover its long term liabilities (RUB512.1B).
Debt to Equity History and Analysis
Debt Level: MGNT's net debt to equity ratio (88.3%) is considered high.
Reducing Debt: MGNT's debt to equity ratio has increased from 68.4% to 140.6% over the past 5 years.
Debt Coverage: MGNT's debt is well covered by operating cash flow (77.2%).
Interest Coverage: MGNT's interest payments on its debt are not well covered by EBIT (2.5x coverage).