Mangalore Refinery and Petrochemicals Balance Sheet Health
Financial Health criteria checks 5/6
Mangalore Refinery and Petrochemicals has a total shareholder equity of ₹119.3B and total debt of ₹142.1B, which brings its debt-to-equity ratio to 119.1%. Its total assets and total liabilities are ₹355.9B and ₹236.6B respectively. Mangalore Refinery and Petrochemicals's EBIT is ₹89.9B making its interest coverage ratio 7.7. It has cash and short-term investments of ₹374.3M.
Key information
119.1%
Debt to equity ratio
₹142.07b
Debt
Interest coverage ratio | 7.7x |
Cash | ₹374.30m |
Equity | ₹119.31b |
Total liabilities | ₹236.61b |
Total assets | ₹355.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500109's short term assets (₹129.0B) exceed its short term liabilities (₹121.0B).
Long Term Liabilities: 500109's short term assets (₹129.0B) exceed its long term liabilities (₹115.7B).
Debt to Equity History and Analysis
Debt Level: 500109's net debt to equity ratio (118.8%) is considered high.
Reducing Debt: 500109's debt to equity ratio has reduced from 150.2% to 119.1% over the past 5 years.
Debt Coverage: 500109's debt is well covered by operating cash flow (42.6%).
Interest Coverage: 500109's interest payments on its debt are well covered by EBIT (7.7x coverage).