Mangalam Seeds Balance Sheet Health
Financial Health criteria checks 3/6
Mangalam Seeds has a total shareholder equity of ₹676.4M and total debt of ₹511.7M, which brings its debt-to-equity ratio to 75.7%. Its total assets and total liabilities are ₹1.3B and ₹634.7M respectively. Mangalam Seeds's EBIT is ₹213.7M making its interest coverage ratio 9.2. It has cash and short-term investments of ₹10.9M.
Key information
75.7%
Debt to equity ratio
₹511.73m
Debt
Interest coverage ratio | 9.2x |
Cash | ₹10.87m |
Equity | ₹676.38m |
Total liabilities | ₹634.69m |
Total assets | ₹1.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539275's short term assets (₹716.8M) exceed its short term liabilities (₹424.2M).
Long Term Liabilities: 539275's short term assets (₹716.8M) exceed its long term liabilities (₹210.5M).
Debt to Equity History and Analysis
Debt Level: 539275's net debt to equity ratio (74.1%) is considered high.
Reducing Debt: 539275's debt to equity ratio has increased from 19.4% to 75.7% over the past 5 years.
Debt Coverage: 539275's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539275's interest payments on its debt are well covered by EBIT (9.2x coverage).