Manas Properties Balance Sheet Health
Financial Health criteria checks 6/6
Manas Properties has a total shareholder equity of ₹699.6M and total debt of ₹1.1M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹996.8M and ₹297.2M respectively. Manas Properties's EBIT is ₹312.8M making its interest coverage ratio -260. It has cash and short-term investments of ₹371.7M.
Key information
0.2%
Debt to equity ratio
₹1.05m
Debt
| Interest coverage ratio | -260x |
| Cash | ₹371.67m |
| Equity | ₹699.58m |
| Total liabilities | ₹297.18m |
| Total assets | ₹996.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540402's short term assets (₹373.4M) exceed its short term liabilities (₹85.6M).
Long Term Liabilities: 540402's short term assets (₹373.4M) exceed its long term liabilities (₹211.6M).
Debt to Equity History and Analysis
Debt Level: 540402 has more cash than its total debt.
Reducing Debt: 540402's debt to equity ratio has reduced from 8.7% to 0.2% over the past 5 years.
Debt Coverage: 540402's debt is well covered by operating cash flow (24308.3%).
Interest Coverage: 540402 earns more interest than it pays, so coverage of interest payments is not a concern.