NCC Balance Sheet Health
Financial Health criteria checks 6/6
NCC has a total shareholder equity of ₹66.1B and total debt of ₹14.4B, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are ₹175.7B and ₹109.6B respectively. NCC's EBIT is ₹14.7B making its interest coverage ratio 4.5. It has cash and short-term investments of ₹7.9B.
Key information
21.8%
Debt to equity ratio
₹14.39b
Debt
Interest coverage ratio | 4.5x |
Cash | ₹7.93b |
Equity | ₹66.08b |
Total liabilities | ₹109.59b |
Total assets | ₹175.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500294's short term assets (₹142.5B) exceed its short term liabilities (₹107.9B).
Long Term Liabilities: 500294's short term assets (₹142.5B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: 500294's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: 500294's debt to equity ratio has reduced from 46.6% to 21.8% over the past 5 years.
Debt Coverage: 500294's debt is well covered by operating cash flow (106.5%).
Interest Coverage: 500294's interest payments on its debt are well covered by EBIT (4.5x coverage).