Mangels Industrial Balance Sheet Health
Financial Health criteria checks 2/6
Mangels Industrial has a total shareholder equity of R$23.1M and total debt of R$635.8M, which brings its debt-to-equity ratio to 2750.4%. Its total assets and total liabilities are R$759.2M and R$736.1M respectively. Mangels Industrial's EBIT is R$74.8M making its interest coverage ratio 1.5. It has cash and short-term investments of R$32.4M.
Key information
2,750.4%
Debt to equity ratio
R$635.79m
Debt
| Interest coverage ratio | 1.5x |
| Cash | R$32.36m |
| Equity | R$23.12m |
| Total liabilities | R$736.08m |
| Total assets | R$759.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGEL4's short term assets (R$378.8M) exceed its short term liabilities (R$213.4M).
Long Term Liabilities: MGEL4's short term assets (R$378.8M) do not cover its long term liabilities (R$522.7M).
Debt to Equity History and Analysis
Debt Level: MGEL4's net debt to equity ratio (2610.4%) is considered high.
Reducing Debt: MGEL4 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: MGEL4's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: MGEL4's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 18:10 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mangels Industrial S.A. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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