Manali Petrochemicals Balance Sheet Health
Financial Health criteria checks 6/6
Manali Petrochemicals has a total shareholder equity of ₹10.5B and total debt of ₹798.7M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are ₹12.8B and ₹2.3B respectively. Manali Petrochemicals's EBIT is ₹93.0M making its interest coverage ratio -0.7. It has cash and short-term investments of ₹4.4B.
Key information
7.6%
Debt to equity ratio
₹798.70m
Debt
| Interest coverage ratio | -0.7x |
| Cash | ₹4.37b |
| Equity | ₹10.49b |
| Total liabilities | ₹2.29b |
| Total assets | ₹12.78b |
Recent financial health updates
Manali Petrochemicals (NSE:MANALIPETC) Has A Rock Solid Balance Sheet
Jun 15
Is Manali Petrochemicals (NSE:MANALIPETC) A Risky Investment?
Aug 04Recent updates
There's Reason For Concern Over Manali Petrochemicals Limited's (NSE:MANALIPETC) Massive 29% Price Jump
Apr 18Returns On Capital Signal Tricky Times Ahead For Manali Petrochemicals (NSE:MANALIPETC)
Oct 20Manali Petrochemicals (NSE:MANALIPETC) Has Announced That Its Dividend Will Be Reduced To ₹0.75
Sep 12Manali Petrochemicals (NSE:MANALIPETC) Is Paying Out Less In Dividends Than Last Year
Aug 28Manali Petrochemicals' (NSE:MANALIPETC) Dividend Will Be Reduced To ₹0.75
Aug 12Manali Petrochemicals (NSE:MANALIPETC) Is Reinvesting At Lower Rates Of Return
Mar 18Manali Petrochemicals (NSE:MANALIPETC) Is Increasing Its Dividend To ₹2.50
Aug 13Manali Petrochemicals (NSE:MANALIPETC) Has A Rock Solid Balance Sheet
Jun 15Manali Petrochemicals (NSE:MANALIPETC) Is Paying Out A Larger Dividend Than Last Year
Aug 26Manali Petrochemicals (NSE:MANALIPETC) Is Paying Out A Larger Dividend Than Last Year
Aug 12Is Manali Petrochemicals (NSE:MANALIPETC) A Risky Investment?
Aug 04The Trend Of High Returns At Manali Petrochemicals (NSE:MANALIPETC) Has Us Very Interested
Jun 02Calculating The Intrinsic Value Of Manali Petrochemicals Limited (NSE:MANALIPETC)
Mar 26How Does Manali Petrochemicals Limited (NSE:MANALIPETC) Fare As A Dividend Stock?
Feb 25Here's What To Make Of Manali Petrochemicals' (NSE:MANALIPETC) Returns On Capital
Feb 07If You Had Bought Manali Petrochemicals (NSE:MANALIPETC) Stock A Year Ago, You Could Pocket A 54% Gain Today
Jan 17
Manali Petrochemicals Limited's (NSE:MANALIPETC) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Dec 27Does Manali Petrochemicals's (NSE:MANALIPETC) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 06What Do The Returns On Capital At Manali Petrochemicals (NSE:MANALIPETC) Tell Us?
Oct 19Fewer Investors Than Expected Jumping On Manali Petrochemicals Limited (NSE:MANALIPETC)
Jul 07What To Know Before Buying Manali Petrochemicals Limited (NSE:MANALIPETC) For Its Dividend
Jun 29Financial Position Analysis
Short Term Liabilities: MANALIPETC's short term assets (₹6.9B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: MANALIPETC's short term assets (₹6.9B) exceed its long term liabilities (₹763.5M).
Debt to Equity History and Analysis
Debt Level: MANALIPETC has more cash than its total debt.
Reducing Debt: MANALIPETC's debt to equity ratio has reduced from 7.8% to 7.6% over the past 5 years.
Debt Coverage: MANALIPETC's debt is well covered by operating cash flow (102.4%).
Interest Coverage: MANALIPETC earns more interest than it pays, so coverage of interest payments is not a concern.