Manoj Ceramic Balance Sheet Health
Financial Health criteria checks 2/6
Manoj Ceramic has a total shareholder equity of ₹131.0M and total debt of ₹505.5M, which brings its debt-to-equity ratio to 385.9%. Its total assets and total liabilities are ₹778.8M and ₹647.8M respectively. Manoj Ceramic's EBIT is ₹83.5M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹10.8M.
Key information
385.9%
Debt to equity ratio
₹505.50m
Debt
Interest coverage ratio | 2.8x |
Cash | ₹10.83m |
Equity | ₹131.01m |
Total liabilities | ₹647.76m |
Total assets | ₹778.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544073's short term assets (₹698.8M) exceed its short term liabilities (₹408.6M).
Long Term Liabilities: 544073's short term assets (₹698.8M) exceed its long term liabilities (₹239.2M).
Debt to Equity History and Analysis
Debt Level: 544073's net debt to equity ratio (377.6%) is considered high.
Reducing Debt: Insufficient data to determine if 544073's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544073's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544073's interest payments on its debt are not well covered by EBIT (2.8x coverage).