Maan Aluminium Balance Sheet Health
Financial Health criteria checks 6/6
Maan Aluminium has a total shareholder equity of ₹1.5B and total debt of ₹464.4M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are ₹2.2B and ₹709.1M respectively. Maan Aluminium's EBIT is ₹514.1M making its interest coverage ratio 20.8. It has cash and short-term investments of ₹45.7M.
Key information
31.3%
Debt to equity ratio
₹464.40m
Debt
| Interest coverage ratio | 20.8x |
| Cash | ₹45.70m |
| Equity | ₹1.48b |
| Total liabilities | ₹709.10m |
| Total assets | ₹2.19b |
Recent financial health updates
We Think Maan Aluminium (NSE:MAANALU) Can Stay On Top Of Its Debt
Jan 03
Is Maan Aluminium (NSE:MAANALU) Using Too Much Debt?
Dec 25We Think Maan Aluminium (NSE:MAANALU) Can Stay On Top Of Its Debt
Jul 26These 4 Measures Indicate That Maan Aluminium (NSE:MAANALU) Is Using Debt Reasonably Well
Jun 06Maan Aluminium (NSE:MAANALU) Seems To Use Debt Quite Sensibly
Dec 27Is Maan Aluminium (NSE:MAANALU) A Risky Investment?
Sep 21Recent updates
We Think Maan Aluminium (NSE:MAANALU) Can Stay On Top Of Its Debt
Jan 03If EPS Growth Is Important To You, Maan Aluminium (NSE:MAANALU) Presents An Opportunity
Sep 02Shareholders Would Enjoy A Repeat Of Maan Aluminium's (NSE:MAANALU) Recent Growth In Returns
Jul 26With EPS Growth And More, Maan Aluminium (NSE:MAANALU) Makes An Interesting Case
May 31Maan Aluminium's (NSE:MAANALU) Dividend Will Be ₹1.00
Feb 05Does Maan Aluminium (NSE:MAANALU) Deserve A Spot On Your Watchlist?
Jan 16Is Maan Aluminium (NSE:MAANALU) Using Too Much Debt?
Dec 25Investors Shouldn't Overlook Maan Aluminium's (NSE:MAANALU) Impressive Returns On Capital
Oct 29We Ran A Stock Scan For Earnings Growth And Maan Aluminium (NSE:MAANALU) Passed With Ease
Aug 24We Think Maan Aluminium (NSE:MAANALU) Can Stay On Top Of Its Debt
Jul 26Shareholders Would Enjoy A Repeat Of Maan Aluminium's (NSE:MAANALU) Recent Growth In Returns
Jun 29With EPS Growth And More, Maan Aluminium (NSE:MAANALU) Is Interesting
Mar 09Here's Why I Think Maan Aluminium (NSE:MAANALU) Might Deserve Your Attention Today
Nov 30Here's Why We Think Maan Aluminium (NSE:MAANALU) Is Well Worth Watching
Aug 07These 4 Measures Indicate That Maan Aluminium (NSE:MAANALU) Is Using Debt Reasonably Well
Jun 06Does Maan Aluminium (NSE:MAANALU) Deserve A Spot On Your Watchlist?
Mar 02Is Maan Aluminium Limited (NSE:MAANALU) A Smart Choice For Dividend Investors?
Feb 09What Can We Conclude About Maan Aluminium's (NSE:MAANALU) CEO Pay?
Jan 17Maan Aluminium (NSE:MAANALU) Seems To Use Debt Quite Sensibly
Dec 27Maan Aluminium Limited's (NSE:MAANALU) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Dec 06Is It Smart To Buy Maan Aluminium Limited (NSE:MAANALU) Before It Goes Ex-Dividend?
Nov 14
What We Learned About Maan Aluminium's (NSE:MAANALU) CEO Pay
Oct 19Is Maan Aluminium (NSE:MAANALU) A Risky Investment?
Sep 21Investors Holding Back On Maan Aluminium Limited (NSE:MAANALU)
Aug 31Market Still Lacking Some Conviction On Maan Aluminium Limited (NSE:MAANALU)
Aug 17Maan Aluminium Limited's (NSE:MAANALU) 1.6% Dividend Yield Looks Pretty Interesting
Aug 06Maan Aluminium Limited (NSE:MAANALU) Screens Well But There Might Be A Catch
Jul 09Financial Position Analysis
Short Term Liabilities: MAANALU's short term assets (₹1.5B) exceed its short term liabilities (₹667.7M).
Long Term Liabilities: MAANALU's short term assets (₹1.5B) exceed its long term liabilities (₹41.4M).
Debt to Equity History and Analysis
Debt Level: MAANALU's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: MAANALU's debt to equity ratio has reduced from 199.5% to 31.3% over the past 5 years.
Debt Coverage: MAANALU's debt is well covered by operating cash flow (95.2%).
Interest Coverage: MAANALU's interest payments on its debt are well covered by EBIT (20.8x coverage).