Mangalam Cement Balance Sheet Health
Financial Health criteria checks 4/6
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 ₹1.2B making its interest coverage ratio 3.2. It has cash and short-term investments of ₹2.6B.
Key information
76.5%
Debt to equity ratio
₹6.33b
Debt
| Interest coverage ratio | 3.2x |
| 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 well covered by EBIT (3.2x coverage).