Neeraj Paper Marketing Balance Sheet Health
Financial Health criteria checks 3/6
Neeraj Paper Marketing has a total shareholder equity of ₹274.3M and total debt of ₹262.1M, which brings its debt-to-equity ratio to 95.6%. Its total assets and total liabilities are ₹675.0M and ₹400.8M respectively. Neeraj Paper Marketing's EBIT is ₹30.8M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹2.7M.
Key information
95.6%
Debt to equity ratio
₹262.07m
Debt
Interest coverage ratio | 1.3x |
Cash | ₹2.65m |
Equity | ₹274.28m |
Total liabilities | ₹400.75m |
Total assets | ₹675.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539409's short term assets (₹589.2M) exceed its short term liabilities (₹314.2M).
Long Term Liabilities: 539409's short term assets (₹589.2M) exceed its long term liabilities (₹86.6M).
Debt to Equity History and Analysis
Debt Level: 539409's net debt to equity ratio (94.6%) is considered high.
Reducing Debt: 539409's debt to equity ratio has reduced from 140.8% to 95.6% over the past 5 years.
Debt Coverage: 539409's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: 539409's interest payments on its debt are not well covered by EBIT (1.3x coverage).