Mangalam Cement Balance Sheet Health
Financial Health criteria checks 4/6
Mangalam Cement has a total shareholder equity of ₹8.3B and total debt of ₹6.3B, which brings its debt-to-equity ratio to 76.5%. Its total assets and total liabilities are ₹20.7B and ₹12.4B respectively. Mangalam Cement's EBIT is ₹1.2B making its interest coverage ratio 3.2. It has cash and short-term investments of ₹2.6B.
Key information
76.5%
Debt to equity ratio
₹6.33b
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹2.58b |
| Equity | ₹8.28b |
| Total liabilities | ₹12.40b |
| Total assets | ₹20.68b |
Recent financial health updates
We Think Mangalam Cement (NSE:MANGLMCEM) Can Stay On Top Of Its Debt
Aug 23
Is Mangalam Cement (NSE:MANGLMCEM) A Risky Investment?
Mar 28Is Mangalam Cement (NSE:MANGLMCEM) Using Too Much Debt?
Nov 30Mangalam Cement (NSE:MANGLMCEM) Has A Somewhat Strained Balance Sheet
Jun 17Here's Why Mangalam Cement (NSE:MANGLMCEM) Has A Meaningful Debt Burden
Mar 14Is Mangalam Cement (NSE:MANGLMCEM) Using Too Much Debt?
Jul 02Recent updates
We Think Mangalam Cement (NSE:MANGLMCEM) Can Stay On Top Of Its Debt
Aug 23We Think That There Are Some Issues For Mangalam Cement (NSE:MANGLMCEM) Beyond Its Promising Earnings
Jul 12Why Investors Shouldn't Be Surprised By Mangalam Cement Limited's (NSE:MANGLMCEM) 29% Share Price Surge
Apr 13Is Mangalam Cement (NSE:MANGLMCEM) A Risky Investment?
Mar 28Is Mangalam Cement (NSE:MANGLMCEM) Using Too Much Debt?
Nov 30We Like These Underlying Return On Capital Trends At Mangalam Cement (NSE:MANGLMCEM)
Oct 30Mangalam Cement (NSE:MANGLMCEM) Has A Somewhat Strained Balance Sheet
Jun 17Here's Why Mangalam Cement (NSE:MANGLMCEM) Has A Meaningful Debt Burden
Mar 14Is Now The Time To Put Mangalam Cement (NSE:MANGLMCEM) On Your Watchlist?
Feb 25Mangalam Cement (NSE:MANGLMCEM) Is Increasing Its Dividend To ₹1.50
Aug 27Mangalam Cement's (NSE:MANGLMCEM) Dividend Will Be Increased To ₹1.50
Aug 12Is Mangalam Cement (NSE:MANGLMCEM) Using Too Much Debt?
Jul 02Does Mangalam Cement (NSE:MANGLMCEM) Deserve A Spot On Your Watchlist?
Jun 07Mangalam Cement's (NSE:MANGLMCEM) Returns On Capital Are Heading Higher
May 23Why Mangalam Cement Limited (NSE:MANGLMCEM) Should Be In Your Dividend Portfolio
May 06Is Now The Time To Put Mangalam Cement (NSE:MANGLMCEM) On Your Watchlist?
Mar 07Returns On Capital - An Important Metric For Mangalam Cement (NSE:MANGLMCEM)
Feb 22The Mangalam Cement (NSE:MANGLMCEM) Share Price Has Gained 59% And Shareholders Are Hoping For More
Feb 07Is Mangalam Cement Limited (NSE:MANGLMCEM) An Attractive Dividend Stock?
Jan 21Trade Alert: Avayaan Jalan At Mangalam Cement Limited (NSE:MANGLMCEM), Has Just Spent ₹3.4m Buying 218% More Shares
Jan 06
Here's Why Mangalam Cement (NSE:MANGLMCEM) Has A Meaningful Debt Burden
Dec 23Has Mangalam Cement Limited's (NSE:MANGLMCEM) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Dec 08Does Mangalam Cement (NSE:MANGLMCEM) Have The Makings Of A Multi-Bagger?
Nov 23Would Shareholders Who Purchased Mangalam Cement's (NSE:MANGLMCEM) Stock Three Years Be Happy With The Share price Today?
Nov 08Financial Position Analysis
Short Term Liabilities: MANGLMCEM's short term assets (₹7.3B) do not cover its short term liabilities (₹8.2B).
Long Term Liabilities: MANGLMCEM's short term assets (₹7.3B) exceed its long term liabilities (₹4.2B).
Debt to Equity History and Analysis
Debt Level: MANGLMCEM's net debt to equity ratio (45.3%) is considered high.
Reducing Debt: MANGLMCEM's debt to equity ratio has reduced from 80.8% to 76.5% over the past 5 years.
Debt Coverage: MANGLMCEM's debt is well covered by operating cash flow (20.5%).
Interest Coverage: MANGLMCEM's interest payments on its debt are well covered by EBIT (3.2x coverage).