Manoj Ceramic Balance Sheet Health
Financial Health criteria checks 2/6
Manoj Ceramic has a total shareholder equity of ₹307.8M and total debt of ₹574.4M, which brings its debt-to-equity ratio to 186.6%. Its total assets and total liabilities are ₹1.0B and ₹740.6M respectively. Manoj Ceramic's EBIT is ₹137.4M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹12.3M.
Key information
186.6%
Debt to equity ratio
₹574.44m
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹12.28m |
| Equity | ₹307.83m |
| Total liabilities | ₹740.56m |
| Total assets | ₹1.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544073's short term assets (₹962.7M) exceed its short term liabilities (₹464.5M).
Long Term Liabilities: 544073's short term assets (₹962.7M) exceed its long term liabilities (₹276.1M).
Debt to Equity History and Analysis
Debt Level: 544073's net debt to equity ratio (182.6%) 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 (2.4x coverage).