Mangalore Refinery and Petrochemicals Balance Sheet Health
Financial Health criteria checks 3/6
Mangalore Refinery and Petrochemicals has a total shareholder equity of ₹123.1B and total debt of ₹132.4B, which brings its debt-to-equity ratio to 107.6%. Its total assets and total liabilities are ₹346.1B and ₹223.1B respectively. Mangalore Refinery and Petrochemicals's EBIT is ₹25.5B making its interest coverage ratio 2.5. It has cash and short-term investments of ₹652.6M.
Key information
107.6%
Debt to equity ratio
₹132.45b
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₹652.60m |
| Equity | ₹123.07b |
| Total liabilities | ₹223.06b |
| Total assets | ₹346.12b |
Recent financial health updates
Does Mangalore Refinery and Petrochemicals (NSE:MRPL) Have A Healthy Balance Sheet?
Nov 07
We Think Mangalore Refinery and Petrochemicals (NSE:MRPL) Can Stay On Top Of Its Debt
Aug 08Is Mangalore Refinery and Petrochemicals (NSE:MRPL) A Risky Investment?
Feb 08Does Mangalore Refinery and Petrochemicals (NSE:MRPL) Have A Healthy Balance Sheet?
Nov 04Mangalore Refinery and Petrochemicals (NSE:MRPL) Has A Somewhat Strained Balance Sheet
Jun 17Mangalore Refinery and Petrochemicals (NSE:MRPL) Has A Somewhat Strained Balance Sheet
Feb 25Recent updates
A Look At The Intrinsic Value Of Mangalore Refinery and Petrochemicals Limited (NSE:MRPL)
Nov 25Does Mangalore Refinery and Petrochemicals (NSE:MRPL) Have A Healthy Balance Sheet?
Nov 07Improved Earnings Required Before Mangalore Refinery and Petrochemicals Limited (NSE:MRPL) Shares Find Their Feet
Sep 08Here's Why We Think Mangalore Refinery and Petrochemicals (NSE:MRPL) Is Well Worth Watching
Aug 23We Think Mangalore Refinery and Petrochemicals (NSE:MRPL) Can Stay On Top Of Its Debt
Aug 08Why The 28% Return On Capital At Mangalore Refinery and Petrochemicals (NSE:MRPL) Should Have Your Attention
Jul 12Investors Aren't Buying Mangalore Refinery and Petrochemicals Limited's (NSE:MRPL) Earnings
May 26Returns on Capital Paint A Bright Future For Mangalore Refinery and Petrochemicals (NSE:MRPL)
Mar 30Mangalore Refinery and Petrochemicals Limited's (NSE:MRPL) Intrinsic Value Is Potentially 23% Below Its Share Price
Feb 23Is Mangalore Refinery and Petrochemicals (NSE:MRPL) A Risky Investment?
Feb 08Mangalore Refinery and Petrochemicals Limited's (NSE:MRPL) Share Price Boosted 32% But Its Business Prospects Need A Lift Too
Jan 24Mangalore Refinery and Petrochemicals (NSE:MRPL) Could Become A Multi-Bagger
Dec 20Does Mangalore Refinery and Petrochemicals (NSE:MRPL) Have A Healthy Balance Sheet?
Nov 04Are Investors Undervaluing Mangalore Refinery and Petrochemicals Limited (NSE:MRPL) By 31%?
Oct 14Mangalore Refinery and Petrochemicals (NSE:MRPL) May Have Issues Allocating Its Capital
Sep 13Is Mangalore Refinery and Petrochemicals Limited (NSE:MRPL) Trading At A 25% Discount?
Jul 06Mangalore Refinery and Petrochemicals (NSE:MRPL) Has A Somewhat Strained Balance Sheet
Jun 17Mangalore Refinery and Petrochemicals (NSE:MRPL) Is Very Good At Capital Allocation
May 19Mangalore Refinery and Petrochemicals (NSE:MRPL) Has A Somewhat Strained Balance Sheet
Feb 25Mangalore Refinery and Petrochemicals (NSE:MRPL) Is Aiming To Keep Up Its Impressive Returns
Feb 04The Strong Earnings Posted By Mangalore Refinery and Petrochemicals (NSE:MRPL) Are A Good Indication Of The Strength Of The Business
Nov 05Mangalore Refinery and Petrochemicals (NSE:MRPL) Is Investing Its Capital With Increasing Efficiency
Sep 20Financial Position Analysis
Short Term Liabilities: MRPL's short term assets (₹117.6B) do not cover its short term liabilities (₹128.1B).
Long Term Liabilities: MRPL's short term assets (₹117.6B) exceed its long term liabilities (₹94.9B).
Debt to Equity History and Analysis
Debt Level: MRPL's net debt to equity ratio (107.1%) is considered high.
Reducing Debt: MRPL's debt to equity ratio has reduced from 217.3% to 107.6% over the past 5 years.
Debt Coverage: MRPL's debt is well covered by operating cash flow (26.3%).
Interest Coverage: MRPL's interest payments on its debt are not well covered by EBIT (2.5x coverage).