Manorama Industries Balance Sheet Health
Financial Health criteria checks 3/6
Manorama Industries has a total shareholder equity of ₹3.8B and total debt of ₹3.7B, which brings its debt-to-equity ratio to 98.1%. Its total assets and total liabilities are ₹7.9B and ₹4.1B respectively. Manorama Industries's EBIT is ₹903.1M making its interest coverage ratio 4.3. It has cash and short-term investments of ₹1.0B.
Key information
98.1%
Debt to equity ratio
₹3.71b
Debt
| Interest coverage ratio | 4.3x |
| Cash | ₹1.01b |
| Equity | ₹3.78b |
| Total liabilities | ₹4.10b |
| Total assets | ₹7.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541974's short term assets (₹6.1B) exceed its short term liabilities (₹3.6B).
Long Term Liabilities: 541974's short term assets (₹6.1B) exceed its long term liabilities (₹519.7M).
Debt to Equity History and Analysis
Debt Level: 541974's net debt to equity ratio (71.4%) is considered high.
Reducing Debt: 541974's debt to equity ratio has increased from 78.5% to 98.1% over the past 5 years.
Debt Coverage: 541974's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 541974's interest payments on its debt are well covered by EBIT (4.3x coverage).