Mangalore Chemicals & Fertilizers Balance Sheet Health
Financial Health criteria checks 6/6
Mangalore Chemicals & Fertilizers has a total shareholder equity of ₹9.0B and total debt of ₹9.8B, which brings its debt-to-equity ratio to 108.5%. Its total assets and total liabilities are ₹26.2B and ₹17.2B respectively. Mangalore Chemicals & Fertilizers's EBIT is ₹4.3B making its interest coverage ratio 6.1. It has cash and short-term investments of ₹9.6B.
Key information
108.5%
Debt to equity ratio
₹9.79b
Debt
Interest coverage ratio | 6.1x |
Cash | ₹9.59b |
Equity | ₹9.02b |
Total liabilities | ₹17.16b |
Total assets | ₹26.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530011's short term assets (₹14.9B) exceed its short term liabilities (₹12.6B).
Long Term Liabilities: 530011's short term assets (₹14.9B) exceed its long term liabilities (₹4.5B).
Debt to Equity History and Analysis
Debt Level: 530011's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: 530011's debt to equity ratio has reduced from 211.2% to 108.5% over the past 5 years.
Debt Coverage: 530011's debt is well covered by operating cash flow (142.9%).
Interest Coverage: 530011's interest payments on its debt are well covered by EBIT (6.1x coverage).