Meghmani Organics Balance Sheet Health
Financial Health criteria checks 4/6
Meghmani Organics has a total shareholder equity of ₹15.3B and total debt of ₹8.3B, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are ₹30.4B and ₹15.1B respectively.
Key information
54.7%
Debt to equity ratio
₹8.35b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹330.74m |
| Equity | ₹15.28b |
| Total liabilities | ₹15.12b |
| Total assets | ₹30.40b |
Recent financial health updates
No updates
Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Meghmani Organics Limited (NSE:MOL)
Feb 23
Meghmani Organics (NSE:MOL) Is Due To Pay A Dividend Of ₹1.40
Jun 05Meghmani Organics (NSE:MOL) Could Be Struggling To Allocate Capital
Jan 24Robust Earnings May Not Tell The Whole Story For Meghmani Organics (NSE:MOL)
May 09Earnings Working Against Meghmani Organics Limited's (NSE:MOL) Share Price
Feb 14Financial Position Analysis
Short Term Liabilities: MOL's short term assets (₹12.1B) exceed its short term liabilities (₹10.6B).
Long Term Liabilities: MOL's short term assets (₹12.1B) exceed its long term liabilities (₹4.6B).
Debt to Equity History and Analysis
Debt Level: MOL's net debt to equity ratio (52.5%) is considered high.
Reducing Debt: MOL's debt to equity ratio has reduced from 62.8% to 54.7% over the past 5 years.
Debt Coverage: MOL's debt is well covered by operating cash flow (29.9%).
Interest Coverage: Insufficient data to determine if MOL's interest payments on its debt are well covered by EBIT.