Magadanenergo Balance Sheet Health
Financial Health criteria checks 4/6
Magadanenergo has a total shareholder equity of RUB3.0B and total debt of RUB2.0B, which brings its debt-to-equity ratio to 65.6%. Its total assets and total liabilities are RUB11.1B and RUB8.1B respectively. Magadanenergo's EBIT is RUB1.0B making its interest coverage ratio 4.3. It has cash and short-term investments of RUB270.0M.
Key information
65.6%
Debt to equity ratio
₽1.99b
Debt
| Interest coverage ratio | 4.3x |
| Cash | ₽270.00m |
| Equity | ₽3.03b |
| Total liabilities | ₽8.10b |
| Total assets | ₽11.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MAGE's short term assets (RUB4.2B) do not cover its short term liabilities (RUB4.8B).
Long Term Liabilities: MAGE's short term assets (RUB4.2B) exceed its long term liabilities (RUB3.3B).
Debt to Equity History and Analysis
Debt Level: MAGE's net debt to equity ratio (56.7%) is considered high.
Reducing Debt: MAGE had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: MAGE's debt is well covered by operating cash flow (88.2%).
Interest Coverage: MAGE's interest payments on its debt are well covered by EBIT (4.3x coverage).