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 ₹2.1B, which brings its debt-to-equity ratio to 161.9%. Its total assets and total liabilities are ₹4.7B and ₹3.4B respectively. Manaksia Aluminium's EBIT is ₹300.7M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹98.0M.
Key information
161.9%
Debt to equity ratio
₹2.13b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹98.04m |
| Equity | ₹1.32b |
| Total liabilities | ₹3.38b |
| Total assets | ₹4.70b |
Recent financial health updates
Is Manaksia Aluminium (NSE:MANAKALUCO) A Risky Investment?
Jan 12
Manaksia Aluminium (NSE:MANAKALUCO) Has A Somewhat Strained Balance Sheet
Feb 14Manaksia Aluminium (NSE:MANAKALUCO) Has A Somewhat Strained Balance Sheet
Aug 13Manaksia Aluminium (NSE:MANAKALUCO) Use Of Debt Could Be Considered Risky
Dec 06Recent updates
There's Been No Shortage Of Growth Recently For Manaksia Aluminium's (NSE:MANAKALUCO) Returns On Capital
Jan 01Returns At Manaksia Aluminium (NSE:MANAKALUCO) Are On The Way Up
Oct 02What Manaksia Aluminium Company Limited's (NSE:MANAKALUCO) 27% Share Price Gain Is Not Telling You
Jul 12Manaksia Aluminium Company Limited (NSE:MANAKALUCO) Not Doing Enough For Some Investors As Its Shares Slump 28%
Mar 07Returns On Capital Are Showing Encouraging Signs At Manaksia Aluminium (NSE:MANAKALUCO)
Feb 13There's Reason For Concern Over Manaksia Aluminium Company Limited's (NSE:MANAKALUCO) Massive 26% Price Jump
Jan 16Is Manaksia Aluminium (NSE:MANAKALUCO) A Risky Investment?
Jan 12Returns Are Gaining Momentum At Manaksia Aluminium (NSE:MANAKALUCO)
Oct 02Do Manaksia Aluminium's (NSE:MANAKALUCO) Earnings Warrant Your Attention?
Jul 14Manaksia Aluminium (NSE:MANAKALUCO) Is Doing The Right Things To Multiply Its Share Price
Mar 01Here's Why We Think Manaksia Aluminium (NSE:MANAKALUCO) Is Well Worth Watching
Jan 31Manaksia Aluminium (NSE:MANAKALUCO) Has A Somewhat Strained Balance Sheet
Feb 14Manaksia Aluminium (NSE:MANAKALUCO) Is Experiencing Growth In Returns On Capital
Nov 12Manaksia Aluminium (NSE:MANAKALUCO) Has A Somewhat Strained Balance Sheet
Aug 13Manaksia Aluminium (NSE:MANAKALUCO) Is Doing The Right Things To Multiply Its Share Price
May 30Is There More Growth In Store For Manaksia Aluminium's (NSE:MANAKALUCO) Returns On Capital?
Feb 14How Should Investors React To Manaksia Aluminium's (NSE:MANAKALUCO) CEO Pay?
Jan 10Manaksia Aluminium (NSE:MANAKALUCO) Use Of Debt Could Be Considered Risky
Dec 06What We Make Of Manaksia Aluminium's (NSE:MANAKALUCO) Returns On Capital
Nov 01
Does Manaksia Aluminium's (NSE:MANAKALUCO) CEO Salary Compare Well With Industry Peers?
Sep 03What Do The Returns At Manaksia Aluminium (NSE:MANAKALUCO) Mean Going Forward?
Aug 03Investors Continue Waiting On Sidelines For Manaksia Aluminium Company Limited (NSE:MANAKALUCO)
Jul 07Financial Position Analysis
Short Term Liabilities: MANAKALUCO's short term assets (₹3.3B) exceed its short term liabilities (₹2.7B).
Long Term Liabilities: MANAKALUCO's short term assets (₹3.3B) exceed its long term liabilities (₹633.9M).
Debt to Equity History and Analysis
Debt Level: MANAKALUCO's net debt to equity ratio (154.5%) is considered high.
Reducing Debt: MANAKALUCO's debt to equity ratio has increased from 63.9% to 161.9% over the past 5 years.
Debt Coverage: MANAKALUCO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MANAKALUCO's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 11:47 |
| End of Day Share Price | 2025/01/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Manaksia Aluminium Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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