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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:20 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Manorama Industries Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sanjay Manyal | DAM Capital Advisors |