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Multi Commodity Exchange of India stock: balance sheet and debt

MCX.NS
$38.53Closing price of 12 Nov 2026MEQIRI Score 83 out of 100

Multi Commodity Exchange of India has a debt to equity ratio of 0 and an interest coverage of over 100x.

Daily figure as of 13 Nov 2026

Debt / Equity
0
Interest coverage
> 100x
Current ratio
20
Cash & equivalents
$416.36M
Total assets
$797.23M
Equity ratio
38%
Goodwill and intangible assets
$19.38M
not split out
Net debt
−$415.85M
More cash than debt

Total assets and equity ratio

How large the balance sheet of Multi Commodity Exchange of India Limited is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2007$71.1M$3.43Mnot split out43.6%−$20.25M
2008$90.39M$7.75Mnot split out42.3%−$11.2M
2009$126.33M$4.94Mnot split out43.4%−$43.13M
2010$130.63M$11.62Mnot split out56.7%−$29.33M
2011$159.44M$5.75Mnot split out56.4%−$35.2M
2012$199.49M$8.66Mnot split out53.2%−$132.65M
2013$189.96M$6.85Mnot split out64.8%−$135.22M
2014$185.31M$4.58Mnot split out65.7%−$137.9M
2015$194.17M$3.3Mnot split out65.9%−$152.57M
2016$193.44M$1.92Mnot split out66.3%−$140.13M
2017$198.7M$1.26Mnot split out30.9%−$112.71M
2018$208.99M$1.36Mnot split out21.3%−$93.59M
2019$220.5M$3.78Mnot split out6.5%−$106.65M
2020$290.66M$4.04Mnot split out49.7%−$150.72M
2021$265.99M$4.63Mnot split out56.7%−$108.65M
2022$297.67M$7.49Mnot split out50.6%−$179.12M
2023$321.28M$14.4Mnot split out48.9%−$146.29M
2024$362.32M$21.46Mnot split out40.4%−$135.56M
2025$459.72M$21.19Mnot split out43.6%−$258.05M
2026$797.23M$19.38Mnot split out38.0%−$415.85M

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2007$20.25M$31M$00
2008$11.2M$38.27M$00
2009$43.13M$54.88M$00
2010$29.33M$74.1M$00
2011$35.2M$89.93M$00
2012$132.65M$106.05M$00
2013$135.22M$123.1M$00
2014$137.9M$121.8M$00
2015$152.57M$128.05M$00
2016$140.13M$128.3M$00
2017$122.35M$144.81M$9.64M0.16
2018$101.91M$146.73M$8.32M0.19
2019$118.65M$132.95M$12M0.84
2020$150.96M$144.49M$239.15K0
2021$108.81M$150.74M$164.75K0
2022$179.21M$150.73M$91.41K0
2023$146.46M$157.23M$164.75K0
2024$135.74M$146.52M$176.44K0
2025$258.16M$200.29M$107.35K0
2026$416.36M$302.7M$505.93K0

Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2026, period end 31 Mar 2026
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 11 Apr 2025)
  • Valuation signal Overvalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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