Nila Infrastructures Balance Sheet Health
Financial Health criteria checks 5/6
Nila Infrastructures has a total shareholder equity of ₹1.4B and total debt of ₹625.5M, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are ₹8.8B and ₹7.5B respectively. Nila Infrastructures's EBIT is ₹55.6M making its interest coverage ratio -1.3. It has cash and short-term investments of ₹99.7M.
Key information
46.2%
Debt to equity ratio
₹625.51m
Debt
Interest coverage ratio | -1.3x |
Cash | ₹99.73m |
Equity | ₹1.35b |
Total liabilities | ₹7.45b |
Total assets | ₹8.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530377's short term assets (₹7.0B) do not cover its short term liabilities (₹7.1B).
Long Term Liabilities: 530377's short term assets (₹7.0B) exceed its long term liabilities (₹389.5M).
Debt to Equity History and Analysis
Debt Level: 530377's net debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: 530377's debt to equity ratio has reduced from 102% to 46.2% over the past 5 years.
Debt Coverage: 530377's debt is well covered by operating cash flow (119.1%).
Interest Coverage: 530377 earns more interest than it pays, so coverage of interest payments is not a concern.