Mangalam Cement Balance Sheet Health
Financial Health criteria checks 3/6
Mangalam Cement has a total shareholder equity of ₹8.1B and total debt of ₹6.1B, which brings its debt-to-equity ratio to 74.8%. Its total assets and total liabilities are ₹20.7B and ₹12.6B respectively. Mangalam Cement's EBIT is ₹1.1B making its interest coverage ratio 2.9. It has cash and short-term investments of ₹2.2B.
Key information
74.8%
Debt to equity ratio
₹6.07b
Debt
| Interest coverage ratio | 2.9x |
| Cash | ₹2.16b |
| Equity | ₹8.12b |
| Total liabilities | ₹12.56b |
| 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 08How Does Mangalam Cement Limited (NSE:MANGLMCEM) Stand Up To These Simple Dividend Safety Checks?
Oct 20The Executive Co-Chairperson of Mangalam Cement Limited (NSE:MANGLMCEM), Anshuman Jalan, Just Bought 55% More Shares
Oct 02Should You Buy Mangalam Cement Limited (NSE:MANGLMCEM) For Its Upcoming Dividend?
Sep 12Financial Position Analysis
Short Term Liabilities: MANGLMCEM's short term assets (₹7.0B) do not cover its short term liabilities (₹8.2B).
Long Term Liabilities: MANGLMCEM's short term assets (₹7.0B) exceed its long term liabilities (₹4.3B).
Debt to Equity History and Analysis
Debt Level: MANGLMCEM's net debt to equity ratio (48.2%) is considered high.
Reducing Debt: MANGLMCEM's debt to equity ratio has reduced from 110.8% to 74.8% over the past 5 years.
Debt Coverage: MANGLMCEM's debt is well covered by operating cash flow (30%).
Interest Coverage: MANGLMCEM's interest payments on its debt are not well covered by EBIT (2.9x coverage).