Sandur Manganese & Iron Ores Balance Sheet Health
Financial Health criteria checks 5/6
Sandur Manganese & Iron Ores has a total shareholder equity of ₹21.6B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ₹25.9B and ₹4.3B respectively. Sandur Manganese & Iron Ores's EBIT is ₹2.6B making its interest coverage ratio 13.1. It has cash and short-term investments of ₹5.0B.
Key information
6.1%
Debt to equity ratio
₹1.31b
Debt
| Interest coverage ratio | 13.1x |
| Cash | ₹5.04b |
| Equity | ₹21.58b |
| Total liabilities | ₹4.35b |
| Total assets | ₹25.93b |
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 (₹14.4B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: SANDUMA's short term assets (₹14.4B) exceed its long term liabilities (₹1.4B).
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 increased from 0% to 6.1% over the past 5 years.
Debt Coverage: SANDUMA's debt is well covered by operating cash flow (117%).
Interest Coverage: SANDUMA's interest payments on its debt are well covered by EBIT (13.1x coverage).