Mangalam Cement Balance Sheet Health
Financial Health criteria checks 3/6
Mangalam Cement has a total shareholder equity of ₹8.3B and total debt of ₹6.3B, which brings its debt-to-equity ratio to 76.5%. Its total assets and total liabilities are ₹20.7B and ₹12.4B respectively. Mangalam Cement's EBIT is ₹872.3M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹2.6B.
Key information
76.5%
Debt to equity ratio
₹6.33b
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹2.58b |
| Equity | ₹8.28b |
| Total liabilities | ₹12.40b |
| Total assets | ₹20.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502157's short term assets (₹7.3B) do not cover its short term liabilities (₹8.2B).
Long Term Liabilities: 502157's short term assets (₹7.3B) exceed its long term liabilities (₹4.2B).
Debt to Equity History and Analysis
Debt Level: 502157's net debt to equity ratio (45.3%) is considered high.
Reducing Debt: 502157's debt to equity ratio has reduced from 80.8% to 76.5% over the past 5 years.
Debt Coverage: 502157's debt is well covered by operating cash flow (20.5%).
Interest Coverage: 502157's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 10:30 |
| 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
Mangalam Cement Limited is covered by 16 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 |
|---|---|
| Parul Patel | Almondz Global Securities Ltd |
| Manish Valecha | Anand Rathi Shares and Stock Brokers Limited |
| null null | Anand Rathi Shares and Stock Brokers Limited |