Man Industries (India) Balance Sheet Health
Financial Health criteria checks 5/6
Man Industries (India) has a total shareholder equity of ₹14.6B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are ₹30.6B and ₹16.0B respectively. Man Industries (India)'s EBIT is ₹1.7B making its interest coverage ratio 3.8. It has cash and short-term investments of ₹1.7B.
Key information
13.7%
Debt to equity ratio
₹2.00b
Debt
| Interest coverage ratio | 3.8x |
| Cash | ₹1.72b |
| Equity | ₹14.60b |
| Total liabilities | ₹15.99b |
| Total assets | ₹30.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513269's short term assets (₹21.4B) exceed its short term liabilities (₹13.9B).
Long Term Liabilities: 513269's short term assets (₹21.4B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 513269's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: 513269's debt to equity ratio has reduced from 27.7% to 13.7% over the past 5 years.
Debt Coverage: 513269's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: 513269's interest payments on its debt are well covered by EBIT (3.8x coverage).