Manomay Tex India Balance Sheet Health
Financial Health criteria checks 2/6
Manomay Tex India has a total shareholder equity of ₹1.4B and total debt of ₹3.0B, which brings its debt-to-equity ratio to 216%. Its total assets and total liabilities are ₹5.9B and ₹4.5B respectively. Manomay Tex India's EBIT is ₹485.1M making its interest coverage ratio 2. It has cash and short-term investments of ₹10.1M.
Key information
216.0%
Debt to equity ratio
₹3.00b
Debt
| Interest coverage ratio | 2x |
| Cash | ₹10.08m |
| Equity | ₹1.39b |
| Total liabilities | ₹4.54b |
| Total assets | ₹5.93b |
Recent financial health updates
No updates
Recent updates
Manomay Tex India's (NSE:MANOMAY) Solid Profits Have Weak Fundamentals
Nov 26
Do Manomay Tex India's (NSE:MANOMAY) Earnings Warrant Your Attention?
Oct 27Market Cool On Manomay Tex India Limited's (NSE:MANOMAY) Earnings Pushing Shares 25% Lower
Sep 11Returns On Capital Signal Tricky Times Ahead For Manomay Tex India (NSE:MANOMAY)
Sep 01Not Many Are Piling Into Manomay Tex India Limited (NSE:MANOMAY) Just Yet
Jul 17Manomay Tex India's (NSE:MANOMAY) Profits May Not Reveal Underlying Issues
May 27Return Trends At Manomay Tex India (NSE:MANOMAY) Aren't Appealing
Apr 23Manomay Tex India Limited (NSE:MANOMAY) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Dec 19Little Excitement Around Manomay Tex India Limited's (NSE:MANOMAY) Earnings As Shares Take 25% Pounding
Mar 14Financial Position Analysis
Short Term Liabilities: MANOMAY's short term assets (₹3.6B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: MANOMAY's short term assets (₹3.6B) exceed its long term liabilities (₹1.9B).
Debt to Equity History and Analysis
Debt Level: MANOMAY's net debt to equity ratio (215.3%) is considered high.
Reducing Debt: MANOMAY's debt to equity ratio has increased from 184.7% to 216% over the past 5 years.
Debt Coverage: MANOMAY's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: MANOMAY's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 12:24 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Manomay Tex India Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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