Manglam Infra & Engineering Balance Sheet Health
Financial Health criteria checks 4/6
Manglam Infra & Engineering has a total shareholder equity of ₹475.3M and total debt of ₹31.1M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are ₹628.8M and ₹153.5M respectively. Manglam Infra & Engineering's EBIT is ₹100.3M making its interest coverage ratio 34.5. It has cash and short-term investments of ₹57.3M.
Key information
6.5%
Debt to equity ratio
₹31.13m
Debt
| Interest coverage ratio | 34.5x |
| Cash | ₹57.29m |
| Equity | ₹475.30m |
| Total liabilities | ₹153.53m |
| Total assets | ₹628.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIEL's short term assets (₹387.5M) exceed its short term liabilities (₹130.0M).
Long Term Liabilities: MIEL's short term assets (₹387.5M) exceed its long term liabilities (₹23.5M).
Debt to Equity History and Analysis
Debt Level: MIEL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MIEL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MIEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MIEL's interest payments on its debt are well covered by EBIT (34.5x coverage).