Manbro Industries Balance Sheet Health
Financial Health criteria checks 1/6
Manbro Industries has a total shareholder equity of ₹-920.0K and total debt of ₹1.5M, which brings its debt-to-equity ratio to -159.8%. Its total assets and total liabilities are ₹1.3M and ₹2.3M respectively. Manbro Industries's EBIT is ₹3.3M making its interest coverage ratio 3783.7. It has cash and short-term investments of ₹450.0K.
Key information
-159.8%
Debt to equity ratio
₹1.47m
Debt
| Interest coverage ratio | 3783.7x |
| Cash | ₹450.00k |
| Equity | -₹920.00k |
| Total liabilities | ₹2.25m |
| Total assets | ₹1.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512595 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 512595 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: 512595 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 512595's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 512595's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 512595's interest payments on its debt are well covered by EBIT (3783.7x coverage).