Nava Balance Sheet Health
Financial Health criteria checks 6/6
Nava has a total shareholder equity of ₹76.1B and total debt of ₹14.3B, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are ₹100.7B and ₹24.7B respectively. Nava's EBIT is ₹13.8B making its interest coverage ratio 5.1. It has cash and short-term investments of ₹7.9B.
Key information
18.8%
Debt to equity ratio
₹14.33b
Debt
Interest coverage ratio | 5.1x |
Cash | ₹7.85b |
Equity | ₹76.07b |
Total liabilities | ₹24.68b |
Total assets | ₹100.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513023's short term assets (₹37.8B) exceed its short term liabilities (₹5.2B).
Long Term Liabilities: 513023's short term assets (₹37.8B) exceed its long term liabilities (₹19.5B).
Debt to Equity History and Analysis
Debt Level: 513023's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: 513023's debt to equity ratio has reduced from 84% to 18.8% over the past 5 years.
Debt Coverage: 513023's debt is well covered by operating cash flow (185.2%).
Interest Coverage: 513023's interest payments on its debt are well covered by EBIT (5.1x coverage).