Sandur Manganese & Iron Ores Balance Sheet Health
Financial Health criteria checks 5/6
Sandur Manganese & Iron Ores has a total shareholder equity of ₹19.9B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are ₹23.7B and ₹3.8B respectively. Sandur Manganese & Iron Ores's EBIT is ₹3.2B making its interest coverage ratio -16.3. It has cash and short-term investments of ₹7.9B.
Key information
7.4%
Debt to equity ratio
₹1.47b
Debt
Interest coverage ratio | -16.3x |
Cash | ₹7.86b |
Equity | ₹19.85b |
Total liabilities | ₹3.85b |
Total assets | ₹23.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504918's short term assets (₹11.8B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: 504918's short term assets (₹11.8B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 504918 has more cash than its total debt.
Reducing Debt: 504918's debt to equity ratio has increased from 0% to 7.4% over the past 5 years.
Debt Coverage: 504918's debt is well covered by operating cash flow (192.8%).
Interest Coverage: 504918 earns more interest than it pays, so coverage of interest payments is not a concern.