Manali Petrochemicals Balance Sheet Health
Financial Health criteria checks 6/6
Manali Petrochemicals has a total shareholder equity of ₹10.5B and total debt of ₹798.7M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are ₹12.8B and ₹2.3B respectively. Manali Petrochemicals's EBIT is ₹93.0M making its interest coverage ratio -0.7. It has cash and short-term investments of ₹4.4B.
Key information
7.6%
Debt to equity ratio
₹798.70m
Debt
Interest coverage ratio | -0.7x |
Cash | ₹4.37b |
Equity | ₹10.49b |
Total liabilities | ₹2.29b |
Total assets | ₹12.78b |
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 (₹1.5B).
Long Term Liabilities: 500268's short term assets (₹6.9B) exceed its long term liabilities (₹763.5M).
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 7.8% to 7.6% over the past 5 years.
Debt Coverage: 500268's debt is well covered by operating cash flow (102.4%).
Interest Coverage: 500268 earns more interest than it pays, so coverage of interest payments is not a concern.