Mangalam Organics Balance Sheet Health
Financial Health criteria checks 3/6
Mangalam Organics has a total shareholder equity of ₹2.8B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 68.3%. Its total assets and total liabilities are ₹5.0B and ₹2.3B respectively. Mangalam Organics's EBIT is ₹200.4M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹114.7M.
Key information
68.3%
Debt to equity ratio
₹1.89b
Debt
Interest coverage ratio | 1.5x |
Cash | ₹114.68m |
Equity | ₹2.77b |
Total liabilities | ₹2.26b |
Total assets | ₹5.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514418's short term assets (₹2.5B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: 514418's short term assets (₹2.5B) exceed its long term liabilities (₹314.9M).
Debt to Equity History and Analysis
Debt Level: 514418's net debt to equity ratio (64.2%) is considered high.
Reducing Debt: 514418's debt to equity ratio has increased from 55.8% to 68.3% over the past 5 years.
Debt Coverage: 514418's debt is well covered by operating cash flow (25.3%).
Interest Coverage: 514418's interest payments on its debt are not well covered by EBIT (1.5x coverage).