Manav Infra Projects Balance Sheet Health
Financial Health criteria checks 0/6
Manav Infra Projects has a total shareholder equity of ₹-18.6M and total debt of ₹114.9M, which brings its debt-to-equity ratio to -617.5%. Its total assets and total liabilities are ₹124.0M and ₹142.6M respectively. Manav Infra Projects's EBIT is ₹29.8M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹4.1M.
Key information
-617.5%
Debt to equity ratio
₹114.88m
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹4.15m |
| Equity | -₹18.60m |
| Total liabilities | ₹142.60m |
| Total assets | ₹124.00m |
Recent financial health updates
No updates
Recent updates
Manav Infra Projects Limited (NSE:MANAV) Held Back By Insufficient Growth Even After Shares Climb 27%
Oct 01
Here's Why We Think Manav Infra Projects (NSE:MANAV) Might Deserve Your Attention Today
Sep 17Estimating The Fair Value Of Manav Infra Projects Limited (NSE:MANAV)
Aug 13A Look At The Intrinsic Value Of Manav Infra Projects Limited (NSE:MANAV)
Feb 08Estimating The Fair Value Of Manav Infra Projects Limited (NSE:MANAV)
Feb 18Increases to Manav Infra Projects Limited's (NSE:MANAV) CEO Compensation Might Cool off for now
Sep 23Financial Position Analysis
Short Term Liabilities: MANAV has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MANAV has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MANAV has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MANAV's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MANAV's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MANAV's interest payments on its debt are not well covered by EBIT (2.4x coverage).