Manba Finance Balance Sheet Health
Financial Health criteria checks 3/6
Manba Finance has a total shareholder equity of ₹3.5B and total debt of ₹8.8B, which brings its debt-to-equity ratio to 249.2%. Its total assets and total liabilities are ₹12.6B and ₹9.1B respectively.
Key information
249.2%
Debt to equity ratio
₹8.81b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹2.82b |
| Equity | ₹3.54b |
| Total liabilities | ₹9.09b |
| Total assets | ₹12.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MANBA's short term assets (₹11.9B) exceed its short term liabilities (₹280.7M).
Long Term Liabilities: MANBA's short term assets (₹11.9B) exceed its long term liabilities (₹8.8B).
Debt to Equity History and Analysis
Debt Level: MANBA's net debt to equity ratio (169.5%) is considered high.
Reducing Debt: MANBA's debt to equity ratio has reduced from 319.6% to 249.2% over the past 5 years.
Debt Coverage: MANBA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MANBA's interest payments on its debt are well covered by EBIT.