Man Industries (India) Balance Sheet Health
Financial Health criteria checks 5/6
Man Industries (India) has a total shareholder equity of ₹14.0B and total debt of ₹3.3B, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are ₹24.2B and ₹10.1B respectively. Man Industries (India)'s EBIT is ₹2.3B making its interest coverage ratio 2.7. It has cash and short-term investments of ₹4.8B.
Key information
23.2%
Debt to equity ratio
₹3.26b
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹4.83b |
| Equity | ₹14.05b |
| Total liabilities | ₹10.10b |
| Total assets | ₹24.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513269's short term assets (₹16.0B) exceed its short term liabilities (₹8.3B).
Long Term Liabilities: 513269's short term assets (₹16.0B) exceed its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: 513269 has more cash than its total debt.
Reducing Debt: 513269's debt to equity ratio has reduced from 28.6% to 23.2% over the past 5 years.
Debt Coverage: 513269's debt is well covered by operating cash flow (79%).
Interest Coverage: 513269's interest payments on its debt are not well covered by EBIT (2.7x coverage).