Manaksia Balance Sheet Health
Financial Health criteria checks 5/6
Manaksia has a total shareholder equity of ₹8.1B and total debt of ₹763.5M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are ₹9.9B and ₹1.8B respectively. Manaksia's EBIT is ₹1.1B making its interest coverage ratio -2.3. It has cash and short-term investments of ₹6.7B.
Key information
9.4%
Debt to equity ratio
₹763.50m
Debt
| Interest coverage ratio | -2.3x |
| Cash | ₹6.69b |
| Equity | ₹8.09b |
| Total liabilities | ₹1.78b |
| Total assets | ₹9.86b |
Recent financial health updates
Manaksia (NSE:MANAKSIA) Seems To Use Debt Rather Sparingly
Mar 15
Manaksia (NSE:MANAKSIA) Could Easily Take On More Debt
Sep 06Is Manaksia (NSE:MANAKSIA) A Risky Investment?
Jun 01Is Manaksia (NSE:MANAKSIA) A Risky Investment?
Feb 24Is Manaksia (NSE:MANAKSIA) Using Too Much Debt?
Aug 10Manaksia (NSE:MANAKSIA) Has A Rock Solid Balance Sheet
Jan 09Recent updates
Manaksia (NSE:MANAKSIA) Seems To Use Debt Rather Sparingly
Mar 15Manaksia (NSE:MANAKSIA) Could Easily Take On More Debt
Sep 06Here's What To Make Of Manaksia's (NSE:MANAKSIA) Decelerating Rates Of Return
May 30Here's Why We Think Manaksia (NSE:MANAKSIA) Might Deserve Your Attention Today
Mar 15Here's What To Make Of Manaksia's (NSE:MANAKSIA) Decelerating Rates Of Return
Jan 24Here's Why Shareholders May Want To Be Cautious With Increasing Manaksia Limited's (NSE:MANAKSIA) CEO Pay Packet
Sep 21Estimating The Intrinsic Value Of Manaksia Limited (NSE:MANAKSIA)
Jun 19Is Manaksia (NSE:MANAKSIA) A Risky Investment?
Jun 01Is Manaksia (NSE:MANAKSIA) A Risky Investment?
Feb 24Some Investors May Be Worried About Manaksia's (NSE:MANAKSIA) Returns On Capital
Dec 27Shareholders Will Probably Hold Off On Increasing Manaksia Limited's (NSE:MANAKSIA) CEO Compensation For The Time Being
Sep 14Is Manaksia (NSE:MANAKSIA) Using Too Much Debt?
Aug 10Capital Allocation Trends At Manaksia (NSE:MANAKSIA) Aren't Ideal
Jun 14Can Manaksia (NSE:MANAKSIA) Turn Things Around?
Mar 10What Can We Conclude About Manaksia's (NSE:MANAKSIA) CEO Pay?
Feb 05Manaksia (NSE:MANAKSIA) Has A Rock Solid Balance Sheet
Jan 09Did You Participate In Any Of Manaksia's (NSE:MANAKSIA) Fantastic 104% Return ?
Dec 19Are Manaksia's (NSE:MANAKSIA) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 28
What Can We Learn About Manaksia's (NSE:MANAKSIA) CEO Compensation?
Nov 02These 4 Measures Indicate That Manaksia (NSE:MANAKSIA) Is Using Debt Safely
Sep 11Manaksia Limited (NSE:MANAKSIA) Looks Inexpensive But Perhaps Not Attractive Enough
Aug 06Financial Position Analysis
Short Term Liabilities: MANAKSIA's short term assets (₹8.7B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: MANAKSIA's short term assets (₹8.7B) exceed its long term liabilities (₹188.8M).
Debt to Equity History and Analysis
Debt Level: MANAKSIA has more cash than its total debt.
Reducing Debt: MANAKSIA's debt to equity ratio has increased from 3.4% to 9.4% over the past 5 years.
Debt Coverage: MANAKSIA's debt is well covered by operating cash flow (141.1%).
Interest Coverage: MANAKSIA earns more interest than it pays, so coverage of interest payments is not a concern.