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
Is Mangalore Refinery and Petrochemicals (NSE:MRPL) A Risky Investment?
Feb 08
Does 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 25Here's Why Mangalore Refinery and Petrochemicals (NSE:MRPL) Has A Meaningful Debt Burden
Jun 13Mangalore Refinery and Petrochemicals (NSE:MRPL) Has No Shortage Of Debt
Sep 16Recent updates
Returns 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 20Here's Why Mangalore Refinery and Petrochemicals (NSE:MRPL) Has A Meaningful Debt Burden
Jun 13Some Investors May Be Worried About Mangalore Refinery and Petrochemicals' (NSE:MRPL) Returns On Capital
May 18Mangalore Refinery and Petrochemicals (NSE:MRPL) Will Want To Turn Around Its Return Trends
Jan 30Mangalore Refinery and Petrochemicals (NSE:MRPL) Has No Shortage Of Debt
Sep 16Is Mangalore Refinery and Petrochemicals (NSE:MRPL) Using Too Much Debt?
May 19A Look At Mangalore Refinery and Petrochemicals' (NSE:MRPL) Share Price Returns
Dec 22Financial Position Analysis
Short Term Liabilities: MRPL's short term assets (₹129.0B) exceed its short term liabilities (₹121.0B).
Long Term Liabilities: MRPL's short term assets (₹129.0B) exceed its long term liabilities (₹115.7B).
Debt to Equity History and Analysis
Debt Level: MRPL's net debt to equity ratio (118.8%) is considered high.
Reducing Debt: MRPL's debt to equity ratio has reduced from 150.2% to 119.1% over the past 5 years.
Debt Coverage: MRPL's debt is well covered by operating cash flow (42.6%).
Interest Coverage: MRPL's interest payments on its debt are well covered by EBIT (7.7x coverage).