Mid India Industries Analysis

dividend

Pros

Cons

• Unable to evaluate Mid India Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
• Unable to evaluate Mid India Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.

health

Pros

• Mid India Industries has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 40.3% each year.
• Mid India Industries has sufficient cash runway for 2.5 years based on current free cash flow.
• Mid India Industries has no debt, it does not need to be covered by operating cash flow.
• Mid India Industries's cash and other short term assets cover its long term commitments.
• Mid India Industries has no debt, therefore coverage of interest payments is not a concern.

Cons

• Mid India Industries's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
• Mid India Industries has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
• Irrelevant to check if Mid India Industries's debt level has increased considering it has negative shareholder equity.
• Mid India Industries has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
• High level of physical assets or inventory.

management

Pros

• The tenure for the Mid India Industries board of directors is about average.
• The average tenure for the Mid India Industries management team is over 5 years, this suggests they are a seasoned and experienced team.

Cons

misc

Pros

Cons

• Mid India Industries is not covered by any analysts.

past

Pros

Cons

• Unable to compare Mid India Industries's 1-year earnings growth to the 5-year average as it is not currently profitable.
• Mid India Industries does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
• It is difficult to establish if Mid India Industries has efficiently used its assets last year compared to the IN Luxury industry average (Return on Assets) as it is loss-making.
• It is difficult to establish if Mid India Industries improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
• It is difficult to establish if Mid India Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
• Unable to compare Mid India Industries's 1-year growth to the IN Luxury industry average as it is not currently profitable.

value

Pros

• 500277 outperformed the Luxury industry which returned -22.1% over the past year.
• 500277 outperformed the Market in India which returned -14.5% over the past year.

Cons

• Mid India Industries has negative assets, we can't compare the value of its assets to the IN Luxury industry average.
• Mid India Industries is loss making, we can't compare its value to the IN Luxury industry average.
• Mid India Industries is loss making, we can't compare the value of its earnings to the India market.
• BSE:500277 is down -5.6% underperforming the Luxury industry which returned 9.8% over the past month.
• BSE:500277 is down -5.6% underperforming the market in India which returned 8% over the past month.