Mangalore Chemicals & Fertilizers Balance Sheet Health
Financial Health criteria checks 4/6
Mangalore Chemicals & Fertilizers has a total shareholder equity of ₹9.9B and total debt of ₹7.7B, which brings its debt-to-equity ratio to 77.2%. Its total assets and total liabilities are ₹22.2B and ₹12.3B respectively. Mangalore Chemicals & Fertilizers's EBIT is ₹2.6B making its interest coverage ratio 5.5. It has cash and short-term investments of ₹3.4B.
Key information
77.2%
Debt to equity ratio
₹7.65b
Debt
| Interest coverage ratio | 5.5x |
| Cash | ₹3.41b |
| Equity | ₹9.92b |
| Total liabilities | ₹12.28b |
| Total assets | ₹22.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530011's short term assets (₹10.9B) exceed its short term liabilities (₹8.3B).
Long Term Liabilities: 530011's short term assets (₹10.9B) exceed its long term liabilities (₹4.0B).
Debt to Equity History and Analysis
Debt Level: 530011's net debt to equity ratio (42.8%) is considered high.
Reducing Debt: 530011's debt to equity ratio has reduced from 274.8% to 77.2% over the past 5 years.
Debt Coverage: 530011's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530011's interest payments on its debt are well covered by EBIT (5.5x coverage).