NDR Auto Components Balance Sheet Health
Financial Health criteria checks 5/6
NDR Auto Components has a total shareholder equity of ₹2.7B and total debt of ₹16.2M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹4.2B and ₹1.5B respectively. NDR Auto Components's EBIT is ₹478.2M making its interest coverage ratio 56.6. It has cash and short-term investments of ₹282.5M.
Key information
0.6%
Debt to equity ratio
₹16.22m
Debt
| Interest coverage ratio | 56.6x |
| Cash | ₹282.55m |
| Equity | ₹2.73b |
| Total liabilities | ₹1.48b |
| Total assets | ₹4.20b |
Recent financial health updates
Here's Why NDR Auto Components (NSE:NDRAUTO) Can Manage Its Debt Responsibly
Aug 22
Is NDR Auto Components (NSE:NDRAUTO) Using Too Much Debt?
Feb 28Recent updates
The Price Is Right For NDR Auto Components Limited (NSE:NDRAUTO) Even After Diving 27%
Oct 26Returns On Capital Are Showing Encouraging Signs At NDR Auto Components (NSE:NDRAUTO)
Sep 26Why Investors Shouldn't Be Surprised By NDR Auto Components Limited's (NSE:NDRAUTO) 64% Share Price Surge
Sep 06Here's Why NDR Auto Components (NSE:NDRAUTO) Can Manage Its Debt Responsibly
Aug 22Further Upside For NDR Auto Components Limited (NSE:NDRAUTO) Shares Could Introduce Price Risks After 26% Bounce
Jul 23NDR Auto Components (NSE:NDRAUTO) Is Due To Pay A Dividend Of ₹3.75
Jul 02NDR Auto Components (NSE:NDRAUTO) Will Pay A Dividend Of ₹3.75
May 30NDR Auto Components' (NSE:NDRAUTO) Shareholders May Want To Dig Deeper Than Statutory Profit
May 29Is NDR Auto Components (NSE:NDRAUTO) Using Too Much Debt?
Feb 28With EPS Growth And More, NDR Auto Components (NSE:NDRAUTO) Makes An Interesting Case
Feb 09NDR Auto Components (NSE:NDRAUTO) Might Have The Makings Of A Multi-Bagger
May 19Here's Why NDR Auto Components (NSE:NDRAUTO) Has Caught The Eye Of Investors
Apr 12Here's Why NDR Auto Components (NSE:NDRAUTO) Has Caught The Eye Of Investors
Dec 26NDR Auto Components (NSE:NDRAUTO) Is Looking To Continue Growing Its Returns On Capital
Nov 05Is Now The Time To Put NDR Auto Components (NSE:NDRAUTO) On Your Watchlist?
Aug 31It's Down 27% But NDR Auto Components Limited (NSE:NDRAUTO) Could Be Riskier Than It Looks
Jun 18Investors Will Want NDR Auto Components' (NSE:NDRAUTO) Growth In ROCE To Persist
May 26NDR Auto Components (NSE:NDRAUTO) Might Have The Makings Of A Multi-Bagger
Dec 27Investors Will Want NDR Auto Components' (NSE:NDRAUTO) Growth In ROCE To Persist
Aug 03Financial Position Analysis
Short Term Liabilities: NDRAUTO's short term assets (₹1.8B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: NDRAUTO's short term assets (₹1.8B) exceed its long term liabilities (₹316.1M).
Debt to Equity History and Analysis
Debt Level: NDRAUTO has more cash than its total debt.
Reducing Debt: NDRAUTO's debt to equity ratio has increased from 0.1% to 0.6% over the past 5 years.
Debt Coverage: NDRAUTO's debt is well covered by operating cash flow (2464%).
Interest Coverage: NDRAUTO's interest payments on its debt are well covered by EBIT (56.6x coverage).