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
India Nippon Electricals (NSE:INDNIPPON) Is Paying Out A Larger Dividend Than Last Year
Feb 16
Market Participants Recognise India Nippon Electricals Limited's (NSE:INDNIPPON) Earnings Pushing Shares 35% Higher
Jan 26India Nippon Electricals (NSE:INDNIPPON) Will Be Hoping To Turn Its Returns On Capital Around
Jan 12Increases to India Nippon Electricals Limited's (NSE:INDNIPPON) CEO Compensation Might Cool off for now
Sep 14India Nippon Electricals (NSE:INDNIPPON) Is Paying Out A Larger Dividend Than Last Year
Feb 17India Nippon Electricals (NSE:INDNIPPON) Is Reinvesting At Lower Rates Of Return
Jun 29Returns At India Nippon Electricals (NSE:INDNIPPON) Appear To Be Weighed Down
Jan 06India Nippon Electricals (NSE:INDNIPPON) Has More To Do To Multiply In Value Going Forward
May 30India Nippon Electricals Limited's (NSE:INDNIPPON) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
Mar 18How Much Is India Nippon Electricals Limited (NSE:INDNIPPON) Paying Its CEO?
Feb 25We're Watching These Trends At India Nippon Electricals (NSE:INDNIPPON)
Feb 07India Nippon Electricals (NSE:INDNIPPON) Has Gifted Shareholders With A Fantastic 124% Total Return On Their Investment
Jan 17Should You Buy India Nippon Electricals Limited (NSE:INDNIPPON) For Its Dividend?
Dec 27
We Wouldn't Rely On India Nippon Electricals's (NSE:INDNIPPON) Statutory Earnings As A Guide
Dec 06Financial Position Analysis
Short Term Liabilities: INDNIPPON's short term assets (₹4.2B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: INDNIPPON's short term assets (₹4.2B) exceed its long term liabilities (₹351.0M).
Debt to Equity History and Analysis
Debt Level: INDNIPPON has more cash than its total debt.
Reducing Debt: INDNIPPON's debt to equity ratio has increased from 0% to 0.6% over the past 5 years.
Debt Coverage: INDNIPPON's debt is well covered by operating cash flow (2007.3%).
Interest Coverage: INDNIPPON earns more interest than it pays, so coverage of interest payments is not a concern.