Nila Infrastructures Balance Sheet Health
Financial Health criteria checks 6/6
Nila Infrastructures has a total shareholder equity of ₹1.5B and total debt of ₹296.6M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are ₹8.3B and ₹6.7B respectively. Nila Infrastructures's EBIT is ₹175.4M making its interest coverage ratio -2.2. It has cash and short-term investments of ₹100.7M.
Key information
19.3%
Debt to equity ratio
₹296.58m
Debt
| Interest coverage ratio | -2.2x |
| Cash | ₹100.74m |
| Equity | ₹1.54b |
| Total liabilities | ₹6.75b |
| Total assets | ₹8.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530377's short term assets (₹6.8B) exceed its short term liabilities (₹6.4B).
Long Term Liabilities: 530377's short term assets (₹6.8B) exceed its long term liabilities (₹354.0M).
Debt to Equity History and Analysis
Debt Level: 530377's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: 530377's debt to equity ratio has reduced from 115.1% to 19.3% over the past 5 years.
Debt Coverage: 530377's debt is well covered by operating cash flow (145.4%).
Interest Coverage: 530377 earns more interest than it pays, so coverage of interest payments is not a concern.