Manaksia Aluminium Balance Sheet Health
Financial Health criteria checks 2/6
Manaksia Aluminium has a total shareholder equity of ₹1.3B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 132.7%. Its total assets and total liabilities are ₹4.2B and ₹2.9B respectively. Manaksia Aluminium's EBIT is ₹274.0M making its interest coverage ratio 1.2. It has cash and short-term investments of ₹119.3M.
Key information
132.7%
Debt to equity ratio
₹1.72b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₹119.26m |
| Equity | ₹1.30b |
| Total liabilities | ₹2.88b |
| Total assets | ₹4.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539045's short term assets (₹2.9B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: 539045's short term assets (₹2.9B) exceed its long term liabilities (₹454.3M).
Debt to Equity History and Analysis
Debt Level: 539045's net debt to equity ratio (123.5%) is considered high.
Reducing Debt: 539045's debt to equity ratio has increased from 61.8% to 132.7% over the past 5 years.
Debt Coverage: 539045's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: 539045's interest payments on its debt are not well covered by EBIT (1.2x coverage).