Manglam Infra & Engineering Balance Sheet Health
Financial Health criteria checks 4/6
Manglam Infra & Engineering has a total shareholder equity of ₹171.0M and total debt of ₹44.7M, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are ₹331.8M and ₹160.8M respectively. Manglam Infra & Engineering's EBIT is ₹95.4M making its interest coverage ratio 69.1. It has cash and short-term investments of ₹4.9M.
Key information
26.2%
Debt to equity ratio
₹44.73m
Debt
| Interest coverage ratio | 69.1x |
| Cash | ₹4.93m |
| Equity | ₹171.02m |
| Total liabilities | ₹160.80m |
| Total assets | ₹331.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIEL's short term assets (₹228.8M) exceed its short term liabilities (₹137.3M).
Long Term Liabilities: MIEL's short term assets (₹228.8M) exceed its long term liabilities (₹23.5M).
Debt to Equity History and Analysis
Debt Level: MIEL's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MIEL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MIEL's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: MIEL's interest payments on its debt are well covered by EBIT (69.1x coverage).