Login & Signup
Available in Depository:
Available for Investment:
Madbow Balance Sheet
Debt to Equity
Debt to equity ratio earlier in FY20 was 5.99 which was then reduced to 3.84 in FY21 which shows more reliance on the equity rather than debt. Although the total debt of the company has increased by 2x but as the company raised its paid up capital it resulted in lower debt to equity ratio in FY21.
The company has increased its assets to promote future growth in the company. The company's assets grew by 76% from FY20 in FY21. Company has increased its non current assets by 3.3x against 1.6x increase in current assets.
Shares outstanding numbers in L. Other numbers in ₹ L
* denotes current year's data