Mangalore Refinery and Petrochemicals Balance Sheet Health
Financial Health criteria checks 5/6
Mangalore Refinery and Petrochemicals has a total shareholder equity of ₹132.8B and total debt of ₹126.9B, which brings its debt-to-equity ratio to 95.5%. Its total assets and total liabilities are ₹354.3B and ₹221.5B respectively. Mangalore Refinery and Petrochemicals's EBIT is ₹49.5B making its interest coverage ratio 4.7. It has cash and short-term investments of ₹386.1M.
Key information
95.5%
Debt to equity ratio
₹126.87b
Debt
Interest coverage ratio | 4.7x |
Cash | ₹386.10m |
Equity | ₹132.83b |
Total liabilities | ₹221.48b |
Total assets | ₹354.30b |
Recent financial health updates
Is 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 25Here's Why Mangalore Refinery and Petrochemicals (NSE:MRPL) Has A Meaningful Debt Burden
Jun 13Recent updates
Why 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 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 30Financial Position Analysis
Short Term Liabilities: MRPL's short term assets (₹127.3B) exceed its short term liabilities (₹123.7B).
Long Term Liabilities: MRPL's short term assets (₹127.3B) exceed its long term liabilities (₹97.8B).
Debt to Equity History and Analysis
Debt Level: MRPL's net debt to equity ratio (95.2%) is considered high.
Reducing Debt: MRPL's debt to equity ratio has reduced from 152.4% to 95.5% over the past 5 years.
Debt Coverage: MRPL's debt is well covered by operating cash flow (55.5%).
Interest Coverage: MRPL's interest payments on its debt are well covered by EBIT (4.7x coverage).