Manor Estates and Industries Balance Sheet Health
Financial Health criteria checks 1/6
Manor Estates and Industries has a total shareholder equity of ₹-18.6M and total debt of ₹6.0M, which brings its debt-to-equity ratio to -32%. Its total assets and total liabilities are ₹38.9M and ₹57.6M respectively. Manor Estates and Industries's EBIT is ₹6.9M making its interest coverage ratio 6920. It has cash and short-term investments of ₹16.0M.
Key information
-32.0%
Debt to equity ratio
₹5.96m
Debt
| Interest coverage ratio | 6920x |
| Cash | ₹15.97m |
| Equity | -₹18.61m |
| Total liabilities | ₹57.56m |
| Total assets | ₹38.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526115 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 526115 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 526115 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 526115's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 526115's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 526115's interest payments on its debt are well covered by EBIT (6920x coverage).