Mangalore Chemicals & Fertilizers Balance Sheet Health
Financial Health criteria checks 6/6
Mangalore Chemicals & Fertilizers has a total shareholder equity of ₹9.0B and total debt of ₹9.8B, which brings its debt-to-equity ratio to 108.5%. Its total assets and total liabilities are ₹26.2B and ₹17.2B respectively. Mangalore Chemicals & Fertilizers's EBIT is ₹4.3B making its interest coverage ratio 6.1. It has cash and short-term investments of ₹9.6B.
Key information
108.5%
Debt to equity ratio
₹9.79b
Debt
| Interest coverage ratio | 6.1x |
| Cash | ₹9.59b |
| Equity | ₹9.02b |
| Total liabilities | ₹17.16b |
| Total assets | ₹26.18b |
Recent financial health updates
Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Takes On Some Risk With Its Use Of Debt
May 29
Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Seems To Use Debt Quite Sensibly
Feb 24Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Has A Somewhat Strained Balance Sheet
Jun 08Is Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) A Risky Investment?
Aug 18Recent updates
Mangalore Chemicals & Fertilizers' (NSE:MANGCHEFER) Upcoming Dividend Will Be Larger Than Last Year's
Sep 15Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Has Announced That It Will Be Increasing Its Dividend To ₹1.50
Sep 01Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Will Pay A Larger Dividend Than Last Year At ₹1.20
Aug 29Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Will Pay A Larger Dividend Than Last Year At ₹1.20
Aug 15Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Takes On Some Risk With Its Use Of Debt
May 29If You Like EPS Growth Then Check Out Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Before It's Too Late
May 12Returns On Capital Signal Tricky Times Ahead For Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER)
Apr 10Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Seems To Use Debt Quite Sensibly
Feb 24Returns On Capital At Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Paint A Concerning Picture
Dec 30Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Has Announced That It Will Be Increasing Its Dividend To ₹1.00
Aug 29Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Is Increasing Its Dividend To ₹1.00
Aug 15Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Might Become A Compounding Machine
Aug 10Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Has A Somewhat Strained Balance Sheet
Jun 08We Think Mangalore Chemicals & Fertilizers' (NSE:MANGCHEFER) Solid Earnings Are Understated
May 21Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Knows How To Allocate Capital Effectively
Apr 04Is It Worth Buying Mangalore Chemicals & Fertilizers Limited (NSE:MANGCHEFER) For Its 0.6% Dividend Yield?
Mar 15Under The Bonnet, Mangalore Chemicals & Fertilizers' (NSE:MANGCHEFER) Returns Look Impressive
Oct 08How Should Investors Feel About Mangalore Chemicals & Fertilizers' (NSE:MANGCHEFER) CEO Remuneration?
Sep 17Mangalore Chemicals & Fertilizers Limited (NSE:MANGCHEFER) Looks Interesting, And It's About To Pay A Dividend
Aug 30Is Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) A Risky Investment?
Aug 18Investors Holding Back On Mangalore Chemicals & Fertilizers Limited (NSE:MANGCHEFER)
Aug 03
Are Insiders Buying Mangalore Chemicals & Fertilizers Limited (NSE:MANGCHEFER) Stock?
Jul 19Financial Position Analysis
Short Term Liabilities: MANGCHEFER's short term assets (₹14.9B) exceed its short term liabilities (₹12.6B).
Long Term Liabilities: MANGCHEFER's short term assets (₹14.9B) exceed its long term liabilities (₹4.5B).
Debt to Equity History and Analysis
Debt Level: MANGCHEFER's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: MANGCHEFER's debt to equity ratio has reduced from 211.2% to 108.5% over the past 5 years.
Debt Coverage: MANGCHEFER's debt is well covered by operating cash flow (142.9%).
Interest Coverage: MANGCHEFER's interest payments on its debt are well covered by EBIT (6.1x coverage).