Manali Petrochemicals Balance Sheet Health
Financial Health criteria checks 5/6
Manali Petrochemicals has a total shareholder equity of ₹10.7B and total debt of ₹99.4M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ₹13.2B and ₹2.5B respectively. Manali Petrochemicals's EBIT is ₹253.9M making its interest coverage ratio -1.7. It has cash and short-term investments of ₹3.7B.
Key information
0.9%
Debt to equity ratio
₹99.40m
Debt
| Interest coverage ratio | -1.7x |
| Cash | ₹3.66b |
| Equity | ₹10.71b |
| Total liabilities | ₹2.51b |
| Total assets | ₹13.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500268's short term assets (₹6.9B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 500268's short term assets (₹6.9B) exceed its long term liabilities (₹785.4M).
Debt to Equity History and Analysis
Debt Level: 500268 has more cash than its total debt.
Reducing Debt: 500268's debt to equity ratio has reduced from 6.7% to 0.9% over the past 5 years.
Debt Coverage: 500268's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 500268 earns more interest than it pays, so coverage of interest payments is not a concern.