Mangalam Organics Balance Sheet Health
Financial Health criteria checks 3/6
Mangalam Organics has a total shareholder equity of ₹2.8B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 68.3%. Its total assets and total liabilities are ₹5.0B and ₹2.3B respectively. Mangalam Organics's EBIT is ₹200.4M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹114.7M.
Key information
68.3%
Debt to equity ratio
₹1.89b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹114.68m |
| Equity | ₹2.77b |
| Total liabilities | ₹2.26b |
| Total assets | ₹5.03b |
Recent financial health updates
No updates
Recent updates
Mangalam Organics Limited (NSE:MANORG) Soars 30% But It's A Story Of Risk Vs Reward
Apr 24
Investors Holding Back On Mangalam Organics Limited (NSE:MANORG)
Jan 05Mangalam Organics (NSE:MANORG) Will Want To Turn Around Its Return Trends
Nov 08Benign Growth For Mangalam Organics Limited (NSE:MANORG) Underpins Stock's 28% Plummet
Feb 15Mangalam Organics' (NSE:MANORG) Earnings Are Of Questionable Quality
Nov 03Financial Position Analysis
Short Term Liabilities: MANORG's short term assets (₹2.5B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: MANORG's short term assets (₹2.5B) exceed its long term liabilities (₹314.9M).
Debt to Equity History and Analysis
Debt Level: MANORG's net debt to equity ratio (64.2%) is considered high.
Reducing Debt: MANORG's debt to equity ratio has increased from 55.8% to 68.3% over the past 5 years.
Debt Coverage: MANORG's debt is well covered by operating cash flow (25.3%).
Interest Coverage: MANORG's interest payments on its debt are not well covered by EBIT (1.5x coverage).