Nava Balance Sheet Health
Financial Health criteria checks 6/6
Nava has a total shareholder equity of ₹89.9B and total debt of ₹6.8B, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are ₹105.3B and ₹15.4B respectively. Nava's EBIT is ₹14.7B making its interest coverage ratio 44. It has cash and short-term investments of ₹16.3B.
Key information
7.5%
Debt to equity ratio
₹6.78b
Debt
| Interest coverage ratio | 44x |
| Cash | ₹16.25b |
| Equity | ₹89.94b |
| Total liabilities | ₹15.36b |
| Total assets | ₹105.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513023's short term assets (₹41.7B) exceed its short term liabilities (₹8.0B).
Long Term Liabilities: 513023's short term assets (₹41.7B) exceed its long term liabilities (₹7.4B).
Debt to Equity History and Analysis
Debt Level: 513023 has more cash than its total debt.
Reducing Debt: 513023's debt to equity ratio has reduced from 66.9% to 7.5% over the past 5 years.
Debt Coverage: 513023's debt is well covered by operating cash flow (363.1%).
Interest Coverage: 513023's interest payments on its debt are well covered by EBIT (44x coverage).