Manjeera Constructions Balance Sheet Health
Financial Health criteria checks 0/6
Manjeera Constructions has a total shareholder equity of ₹-1.0B and total debt of ₹3.0B, which brings its debt-to-equity ratio to -292.3%. Its total assets and total liabilities are ₹7.1B and ₹8.1B respectively. Manjeera Constructions's EBIT is ₹73.8M making its interest coverage ratio 0.7. It has cash and short-term investments of ₹361.8M.
Key information
-292.3%
Debt to equity ratio
₹2.98b
Debt
| Interest coverage ratio | 0.7x |
| Cash | ₹361.79m |
| Equity | -₹1.02b |
| Total liabilities | ₹8.08b |
| Total assets | ₹7.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533078 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 533078 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: 533078 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 533078's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 533078's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: 533078's interest payments on its debt are not well covered by EBIT (0.7x coverage).