Mangalam Worldwide Balance Sheet Health
Financial Health criteria checks 2/6
Mangalam Worldwide has a total shareholder equity of ₹1.9B and total debt of ₹1.0B, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are ₹4.1B and ₹2.3B respectively. Mangalam Worldwide's EBIT is ₹309.0M making its interest coverage ratio 2.1. It has cash and short-term investments of ₹25.8M.
Key information
54.7%
Debt to equity ratio
₹1.02b
Debt
Interest coverage ratio | 2.1x |
Cash | ₹25.76m |
Equity | ₹1.86b |
Total liabilities | ₹2.28b |
Total assets | ₹4.14b |
Recent financial health updates
Recent updates
Mangalam Worldwide's (NSE:MWL) Promising Earnings May Rest On Soft Foundations
Apr 27Mangalam Worldwide (NSE:MWL) Takes On Some Risk With Its Use Of Debt
Apr 23Mangalam Worldwide Limited (NSE:MWL) Stock Rockets 26% But Many Are Still Ignoring The Company
Apr 23It's A Story Of Risk Vs Reward With Mangalam Worldwide Limited (NSE:MWL)
Dec 08Mangalam Worldwide (NSE:MWL) Might Have The Makings Of A Multi-Bagger
Aug 08We Believe Mangalam Worldwide's (NSE:MWL) Earnings Are A Poor Guide For Its Profitability
Apr 26Financial Position Analysis
Short Term Liabilities: MWL's short term assets (₹3.0B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: MWL's short term assets (₹3.0B) exceed its long term liabilities (₹212.4M).
Debt to Equity History and Analysis
Debt Level: MWL's net debt to equity ratio (53.3%) is considered high.
Reducing Debt: MWL's debt to equity ratio has increased from 30.7% to 54.7% over the past 5 years.
Debt Coverage: MWL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MWL's interest payments on its debt are not well covered by EBIT (2.1x coverage).