Mena Mani Industries Balance Sheet Health
Financial Health criteria checks 1/6
Mena Mani Industries has a total shareholder equity of ₹-7.9M and total debt of ₹159.5M, which brings its debt-to-equity ratio to -2017.3%. Its total assets and total liabilities are ₹294.7M and ₹302.6M respectively. Mena Mani Industries's EBIT is ₹6.4M making its interest coverage ratio 25.8. It has cash and short-term investments of ₹3.5M.
Key information
-2,017.3%
Debt to equity ratio
₹159.51m
Debt
| Interest coverage ratio | 25.8x |
| Cash | ₹3.52m |
| Equity | -₹7.91m |
| Total liabilities | ₹302.64m |
| Total assets | ₹294.73m |
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 (25.8x coverage).