Sandur Manganese & Iron Ores Balance Sheet Health
Financial Health criteria checks 6/6
Sandur Manganese & Iron Ores has a total shareholder equity of ₹23.2B and total debt of ₹2.7B, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are ₹29.7B and ₹6.6B respectively. Sandur Manganese & Iron Ores's EBIT is ₹4.0B making its interest coverage ratio -8.7. It has cash and short-term investments of ₹11.5B.
Key information
11.8%
Debt to equity ratio
₹2.73b
Debt
| Interest coverage ratio | -8.7x |
| Cash | ₹11.48b |
| Equity | ₹23.18b |
| Total liabilities | ₹6.56b |
| Total assets | ₹29.74b |
Recent financial health updates
Recent updates
Sandur Manganese & Iron Ores' (NSE:SANDUMA) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 23
What The Sandur Manganese & Iron Ores Limited's (NSE:SANDUMA) 29% Share Price Gain Is Not Telling You
Apr 13We Think Sandur Manganese & Iron Ores (NSE:SANDUMA) Can Stay On Top Of Its Debt
Mar 12Optimistic Investors Push The Sandur Manganese & Iron Ores Limited (NSE:SANDUMA) Shares Up 26% But Growth Is Lacking
Feb 06The Sandur Manganese & Iron Ores Limited (NSE:SANDUMA) Held Back By Insufficient Growth Even After Shares Climb 25%
Dec 08There's No Escaping The Sandur Manganese & Iron Ores Limited's (NSE:SANDUMA) Muted Earnings Despite A 25% Share Price Rise
Dec 08Financial Position Analysis
Short Term Liabilities: SANDUMA's short term assets (₹18.3B) exceed its short term liabilities (₹4.2B).
Long Term Liabilities: SANDUMA's short term assets (₹18.3B) exceed its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: SANDUMA has more cash than its total debt.
Reducing Debt: SANDUMA's debt to equity ratio has reduced from 29.6% to 11.8% over the past 5 years.
Debt Coverage: SANDUMA's debt is well covered by operating cash flow (184.3%).
Interest Coverage: SANDUMA earns more interest than it pays, so coverage of interest payments is not a concern.