Manoj Vaibhav Gems 'N' Jewellers Balance Sheet Health
Financial Health criteria checks 5/6
Manoj Vaibhav Gems 'N' Jewellers has a total shareholder equity of ₹6.7B and total debt of ₹4.1B, which brings its debt-to-equity ratio to 61%. Its total assets and total liabilities are ₹14.9B and ₹8.2B respectively. Manoj Vaibhav Gems 'N' Jewellers's EBIT is ₹1.4B making its interest coverage ratio 4.2. It has cash and short-term investments of ₹1.6B.
Key information
61.0%
Debt to equity ratio
₹4.06b
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₹1.59b |
| Equity | ₹6.66b |
| Total liabilities | ₹8.21b |
| Total assets | ₹14.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543995's short term assets (₹14.0B) exceed its short term liabilities (₹7.7B).
Long Term Liabilities: 543995's short term assets (₹14.0B) exceed its long term liabilities (₹493.1M).
Debt to Equity History and Analysis
Debt Level: 543995's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: 543995's debt to equity ratio has reduced from 224.4% to 61% over the past 5 years.
Debt Coverage: 543995's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543995's interest payments on its debt are well covered by EBIT (4.2x coverage).