Mawana Sugars Balance Sheet Health
Financial Health criteria checks 4/6
Mawana Sugars has a total shareholder equity of ₹3.5B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 52.6%. Its total assets and total liabilities are ₹6.5B and ₹3.1B respectively. Mawana Sugars's EBIT is ₹580.0M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹249.3M.
Key information
52.6%
Debt to equity ratio
₹1.82b
Debt
Interest coverage ratio | 2.3x |
Cash | ₹249.30m |
Equity | ₹3.46b |
Total liabilities | ₹3.06b |
Total assets | ₹6.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523371's short term assets (₹3.9B) exceed its short term liabilities (₹3.0B).
Long Term Liabilities: 523371's short term assets (₹3.9B) exceed its long term liabilities (₹106.2M).
Debt to Equity History and Analysis
Debt Level: 523371's net debt to equity ratio (45.4%) is considered high.
Reducing Debt: 523371's debt to equity ratio has reduced from 57.5% to 52.6% over the past 5 years.
Debt Coverage: 523371's debt is well covered by operating cash flow (75.6%).
Interest Coverage: 523371's interest payments on its debt are not well covered by EBIT (2.3x coverage).