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
These 4 Measures Indicate That Maan Aluminium (NSE:MAANALU) Is Using Debt Reasonably Well
Sep 17
We Think Maan Aluminium (NSE:MAANALU) Can Stay On Top Of Its Debt
Jan 03Is 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 27Recent updates
Maan Aluminium Limited (NSE:MAANALU) May Have Run Too Fast Too Soon With Recent 33% Price Plummet
Nov 15What Maan Aluminium Limited's (NSE:MAANALU) 25% Share Price Gain Is Not Telling You
Oct 01These 4 Measures Indicate That Maan Aluminium (NSE:MAANALU) Is Using Debt Reasonably Well
Sep 17We 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 06Financial Position Analysis
Short Term Liabilities: MAANALU's short term assets (₹1.6B) exceed its short term liabilities (₹704.2M).
Long Term Liabilities: MAANALU's short term assets (₹1.6B) exceed its long term liabilities (₹36.6M).
Debt to Equity History and Analysis
Debt Level: MAANALU's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: MAANALU's debt to equity ratio has reduced from 126.7% to 23.4% over the past 5 years.
Debt Coverage: MAANALU's debt is well covered by operating cash flow (112.8%).
Interest Coverage: MAANALU earns more interest than it pays, so coverage of interest payments is not a concern.