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 ₹219.3M making its interest coverage ratio 81.6. It has cash and short-term investments of ₹229.4M.
Key information
0.5%
Debt to equity ratio
₹7.24m
Debt
| Interest coverage ratio | 81.6x |
| Cash | ₹229.44m |
| Equity | ₹1.52b |
| Total liabilities | ₹725.36m |
| Total assets | ₹2.25b |
Recent financial health updates
No updates
Recent updates
Niraj Cement Structurals Limited (NSE:NIRAJ) Might Not Be As Mispriced As It Looks
Jun 27
More Unpleasant Surprises Could Be In Store For Niraj Cement Structurals Limited's (NSE:NIRAJ) Shares After Tumbling 26%
Mar 17We Like These Underlying Return On Capital Trends At Niraj Cement Structurals (NSE:NIRAJ)
Mar 12Niraj Cement Structurals Limited (NSE:NIRAJ) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Jan 30Niraj Cement Structurals (NSE:NIRAJ) Is Looking To Continue Growing Its Returns On Capital
Mar 17There's Been No Shortage Of Growth Recently For Niraj Cement Structurals' (NSE:NIRAJ) Returns On Capital
Sep 10Some Investors May Be Worried About Niraj Cement Structurals' (NSE:NIRAJ) Returns On Capital
Feb 26A Look At The Intrinsic Value Of Niraj Cement Structurals Limited (NSE:NIRAJ)
Jul 06Investors Interested In Niraj Cement Structurals Limited's (NSE:NIRAJ) Earnings
Oct 03Financial Position Analysis
Short Term Liabilities: NIRAJ's short term assets (₹1.7B) exceed its short term liabilities (₹716.3M).
Long Term Liabilities: NIRAJ's short term assets (₹1.7B) exceed its long term liabilities (₹9.1M).
Debt to Equity History and Analysis
Debt Level: NIRAJ has more cash than its total debt.
Reducing Debt: NIRAJ's debt to equity ratio has reduced from 13.1% to 0.5% over the past 5 years.
Debt Coverage: NIRAJ's debt is well covered by operating cash flow (3716.2%).
Interest Coverage: NIRAJ's interest payments on its debt are well covered by EBIT (81.6x coverage).