Mena Mani Industries Balance Sheet Health
Financial Health criteria checks 1/6
Mena Mani Industries has a total shareholder equity of ₹-3.8M and total debt of ₹154.3M, which brings its debt-to-equity ratio to -4044.7%. Its total assets and total liabilities are ₹239.4M and ₹243.2M respectively. Mena Mani Industries's EBIT is ₹4.1M making its interest coverage ratio 17. It has cash and short-term investments of ₹4.5M.
Key information
-4,044.7%
Debt to equity ratio
₹154.31m
Debt
| Interest coverage ratio | 17x |
| Cash | ₹4.46m |
| Equity | -₹3.81m |
| Total liabilities | ₹243.24m |
| Total assets | ₹239.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531127 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 531127 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: 531127 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 531127's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 531127's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: 531127's interest payments on its debt are well covered by EBIT (17x coverage).