Mangalam Worldwide Balance Sheet Health
Financial Health criteria checks 3/6
Mangalam Worldwide has a total shareholder equity of ₹2.1B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 79.2%. Its total assets and total liabilities are ₹5.3B and ₹3.2B respectively. Mangalam Worldwide's EBIT is ₹386.7M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹156.3M.
Key information
79.2%
Debt to equity ratio
₹1.67b
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₹156.30m |
| Equity | ₹2.11b |
| Total liabilities | ₹3.21b |
| Total assets | ₹5.33b |
Recent financial health updates
Recent updates
Mangalam Worldwide's (NSE:MWL) Earnings Are Of Questionable Quality
Nov 06
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 (₹4.0B) exceed its short term liabilities (₹3.0B).
Long Term Liabilities: MWL's short term assets (₹4.0B) exceed its long term liabilities (₹243.9M).
Debt to Equity History and Analysis
Debt Level: MWL's net debt to equity ratio (71.8%) is considered high.
Reducing Debt: MWL's debt to equity ratio has reduced from 114.6% to 79.2% over the past 5 years.
Debt Coverage: MWL's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: MWL's interest payments on its debt are not well covered by EBIT (2.5x coverage).