India Nippon Electricals Balance Sheet Health
Financial Health criteria checks 5/6
India Nippon Electricals has a total shareholder equity of ₹5.9B and total debt of ₹33.1M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹7.7B and ₹1.9B respectively. India Nippon Electricals's EBIT is ₹452.2M making its interest coverage ratio -11.2. It has cash and short-term investments of ₹2.0B.
Key information
0.6%
Debt to equity ratio
₹33.10m
Debt
Interest coverage ratio | -11.2x |
Cash | ₹1.98b |
Equity | ₹5.87b |
Total liabilities | ₹1.87b |
Total assets | ₹7.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532240's short term assets (₹4.2B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 532240's short term assets (₹4.2B) exceed its long term liabilities (₹351.0M).
Debt to Equity History and Analysis
Debt Level: 532240 has more cash than its total debt.
Reducing Debt: 532240's debt to equity ratio has increased from 0% to 0.6% over the past 5 years.
Debt Coverage: 532240's debt is well covered by operating cash flow (2007.3%).
Interest Coverage: 532240 earns more interest than it pays, so coverage of interest payments is not a concern.