Man Industries (India) Balance Sheet Health
Financial Health criteria checks 6/6
Man Industries (India) has a total shareholder equity of ₹11.7B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are ₹23.4B and ₹11.7B respectively. Man Industries (India)'s EBIT is ₹1.7B making its interest coverage ratio 3.1. It has cash and short-term investments of ₹3.0B.
Key information
17.8%
Debt to equity ratio
₹2.09b
Debt
Interest coverage ratio | 3.1x |
Cash | ₹2.96b |
Equity | ₹11.72b |
Total liabilities | ₹11.66b |
Total assets | ₹23.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513269's short term assets (₹15.7B) exceed its short term liabilities (₹9.8B).
Long Term Liabilities: 513269's short term assets (₹15.7B) exceed its long term liabilities (₹1.9B).
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 39.8% to 17.8% over the past 5 years.
Debt Coverage: 513269's debt is well covered by operating cash flow (146.7%).
Interest Coverage: 513269's interest payments on its debt are well covered by EBIT (3.1x coverage).