Maan Aluminium Balance Sheet Health
Financial Health criteria checks 6/6
Maan Aluminium has a total shareholder equity of ₹1.7B and total debt of ₹401.0M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are ₹2.5B and ₹740.8M respectively. Maan Aluminium's EBIT is ₹277.8M making its interest coverage ratio -10.5. It has cash and short-term investments of ₹52.2M.
Key information
23.4%
Debt to equity ratio
₹401.00m
Debt
| Interest coverage ratio | -10.5x |
| Cash | ₹52.20m |
| Equity | ₹1.72b |
| Total liabilities | ₹740.80m |
| Total assets | ₹2.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532906's short term assets (₹1.6B) exceed its short term liabilities (₹704.2M).
Long Term Liabilities: 532906's short term assets (₹1.6B) exceed its long term liabilities (₹36.6M).
Debt to Equity History and Analysis
Debt Level: 532906's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: 532906's debt to equity ratio has reduced from 126.7% to 23.4% over the past 5 years.
Debt Coverage: 532906's debt is well covered by operating cash flow (112.8%).
Interest Coverage: 532906 earns more interest than it pays, so coverage of interest payments is not a concern.