Manaksia Coated Metals & Industries Balance Sheet Health
Financial Health criteria checks 2/6
Manaksia Coated Metals & Industries has a total shareholder equity of ₹1.2B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 158.6%. Its total assets and total liabilities are ₹5.4B and ₹4.2B respectively. Manaksia Coated Metals & Industries's EBIT is ₹307.5M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹226.7M.
Key information
158.6%
Debt to equity ratio
₹1.92b
Debt
Interest coverage ratio | 1.3x |
Cash | ₹226.68m |
Equity | ₹1.21b |
Total liabilities | ₹4.19b |
Total assets | ₹5.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539046's short term assets (₹3.7B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: 539046's short term assets (₹3.7B) exceed its long term liabilities (₹959.9M).
Debt to Equity History and Analysis
Debt Level: 539046's net debt to equity ratio (140%) is considered high.
Reducing Debt: 539046's debt to equity ratio has increased from 135.3% to 158.6% over the past 5 years.
Debt Coverage: 539046's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 539046's interest payments on its debt are not well covered by EBIT (1.3x coverage).