Garment Mantra Lifestyle Limited

BSE:539216 Stock Report

Market Cap: ₹489.9m

Garment Mantra Lifestyle Balance Sheet Health

Financial Health criteria checks 3/6

Garment Mantra Lifestyle has a total shareholder equity of ₹385.6M and total debt of ₹418.3M, which brings its debt-to-equity ratio to 108.5%. Its total assets and total liabilities are ₹1.0B and ₹643.6M respectively. Garment Mantra Lifestyle's EBIT is ₹86.8M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹2.6M.

Key information

108.5%

Debt to equity ratio

₹418.29m

Debt

Interest coverage ratio2.3x
Cash₹2.61m
Equity₹385.65m
Total liabilities₹643.63m
Total assets₹1.03b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 539216's short term assets (₹953.5M) exceed its short term liabilities (₹569.7M).

Long Term Liabilities: 539216's short term assets (₹953.5M) exceed its long term liabilities (₹73.9M).


Debt to Equity History and Analysis

Debt Level: 539216's net debt to equity ratio (107.8%) is considered high.

Reducing Debt: 539216's debt to equity ratio has reduced from 198% to 108.5% over the past 5 years.

Debt Coverage: 539216's debt is not well covered by operating cash flow (7.9%).

Interest Coverage: 539216's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


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