Mankind Pharma Balance Sheet Health
Financial Health criteria checks 6/6
Mankind Pharma has a total shareholder equity of ₹95.8B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ₹119.6B and ₹23.9B respectively. Mankind Pharma's EBIT is ₹24.2B making its interest coverage ratio 72.1. It has cash and short-term investments of ₹34.6B.
Key information
2.0%
Debt to equity ratio
₹1.96b
Debt
Interest coverage ratio | 72.1x |
Cash | ₹34.56b |
Equity | ₹95.76b |
Total liabilities | ₹23.87b |
Total assets | ₹119.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543904's short term assets (₹65.7B) exceed its short term liabilities (₹21.2B).
Long Term Liabilities: 543904's short term assets (₹65.7B) exceed its long term liabilities (₹2.7B).
Debt to Equity History and Analysis
Debt Level: 543904 has more cash than its total debt.
Reducing Debt: 543904's debt to equity ratio has reduced from 9.1% to 2% over the past 5 years.
Debt Coverage: 543904's debt is well covered by operating cash flow (1098%).
Interest Coverage: 543904's interest payments on its debt are well covered by EBIT (72.1x coverage).