Niraj Cement Structurals Balance Sheet Health
Financial Health criteria checks 6/6
Niraj Cement Structurals has a total shareholder equity of ₹1.6B and total debt of ₹24.7M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ₹2.4B and ₹848.8M respectively. Niraj Cement Structurals's EBIT is ₹189.9M making its interest coverage ratio -7.9. It has cash and short-term investments of ₹263.9M.
Key information
1.6%
Debt to equity ratio
₹24.70m
Debt
| Interest coverage ratio | -7.9x |
| Cash | ₹263.90m |
| Equity | ₹1.57b |
| Total liabilities | ₹848.81m |
| Total assets | ₹2.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532986's short term assets (₹1.8B) exceed its short term liabilities (₹822.7M).
Long Term Liabilities: 532986's short term assets (₹1.8B) exceed its long term liabilities (₹26.1M).
Debt to Equity History and Analysis
Debt Level: 532986 has more cash than its total debt.
Reducing Debt: 532986's debt to equity ratio has reduced from 10.2% to 1.6% over the past 5 years.
Debt Coverage: 532986's debt is well covered by operating cash flow (382.8%).
Interest Coverage: 532986 earns more interest than it pays, so coverage of interest payments is not a concern.