Niraj Cement Structurals Balance Sheet Health
Financial Health criteria checks 6/6
Niraj Cement Structurals has a total shareholder equity of ₹1.5B and total debt of ₹7.2M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹2.3B and ₹725.4M respectively. Niraj Cement Structurals's EBIT is ₹225.3M making its interest coverage ratio 257.2. It has cash and short-term investments of ₹229.4M.
Key information
0.5%
Debt to equity ratio
₹7.24m
Debt
| Interest coverage ratio | 257.2x |
| Cash | ₹229.44m |
| Equity | ₹1.52b |
| Total liabilities | ₹725.36m |
| Total assets | ₹2.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532986's short term assets (₹1.7B) exceed its short term liabilities (₹716.3M).
Long Term Liabilities: 532986's short term assets (₹1.7B) exceed its long term liabilities (₹9.1M).
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 9.7% to 0.5% over the past 5 years.
Debt Coverage: 532986's debt is well covered by operating cash flow (3858.9%).
Interest Coverage: 532986's interest payments on its debt are well covered by EBIT (257.2x coverage).