NRB Bearings Balance Sheet Health
Financial Health criteria checks 6/6
NRB Bearings has a total shareholder equity of ₹8.8B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are ₹12.4B and ₹3.6B respectively. NRB Bearings's EBIT is ₹1.3B making its interest coverage ratio 6.7. It has cash and short-term investments of ₹1.2B.
Key information
20.4%
Debt to equity ratio
₹1.78b
Debt
| Interest coverage ratio | 6.7x |
| Cash | ₹1.21b |
| Equity | ₹8.76b |
| Total liabilities | ₹3.63b |
| Total assets | ₹12.39b |
Recent financial health updates
These 4 Measures Indicate That NRB Bearings (NSE:NRBBEARING) Is Using Debt Reasonably Well
Dec 30
NRB Bearings (NSE:NRBBEARING) Seems To Use Debt Quite Sensibly
Jan 05NRB Bearings (NSE:NRBBEARING) Seems To Use Debt Quite Sensibly
Aug 11We Think NRB Bearings (NSE:NRBBEARING) Is Taking Some Risk With Its Debt
Mar 01Recent updates
Increases to NRB Bearings Limited's (NSE:NRBBEARING) CEO Compensation Might Cool off for now
Sep 14Impressive Earnings May Not Tell The Whole Story For NRB Bearings (NSE:NRBBEARING)
Jun 04Do NRB Bearings' (NSE:NRBBEARING) Earnings Warrant Your Attention?
May 22With EPS Growth And More, NRB Bearings (NSE:NRBBEARING) Makes An Interesting Case
Feb 14What NRB Bearings Limited's (NSE:NRBBEARING) 30% Share Price Gain Is Not Telling You
Jan 02These 4 Measures Indicate That NRB Bearings (NSE:NRBBEARING) Is Using Debt Reasonably Well
Dec 30NRB Bearings Limited's (NSE:NRBBEARING) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 23NRB Bearings (NSE:NRBBEARING) Will Pay A Larger Dividend Than Last Year At ₹2.00
Aug 26NRB Bearings (NSE:NRBBEARING) May Have Issues Allocating Its Capital
Jun 28NRB Bearings (NSE:NRBBEARING) Seems To Use Debt Quite Sensibly
Jan 05NRB Bearings (NSE:NRBBEARING) Could Be Struggling To Allocate Capital
Nov 17NRB Bearings (NSE:NRBBEARING) Seems To Use Debt Quite Sensibly
Aug 11What Is NRB Bearings Limited's (NSE:NRBBEARING) Share Price Doing?
Jun 04Here's What's Concerning About NRB Bearings' (NSE:NRBBEARING) Returns On Capital
Apr 19Calculating The Intrinsic Value Of NRB Bearings Limited (NSE:NRBBEARING)
Apr 06NRB Bearings Limited (NSE:NRBBEARING) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Mar 15We Think NRB Bearings (NSE:NRBBEARING) Is Taking Some Risk With Its Debt
Mar 01If You Had Bought NRB Bearings' (NSE:NRBBEARING) Shares Three Years Ago You Would Be Down 27%
Feb 18Is Now The Time To Look At Buying NRB Bearings Limited (NSE:NRBBEARING)?
Feb 07
Could The NRB Bearings Limited (NSE:NRBBEARING) Ownership Structure Tell Us Something Useful?
Jan 24What Do The Returns On Capital At NRB Bearings (NSE:NRBBEARING) Tell Us?
Jan 10Is NRB Bearings Limited (NSE:NRBBEARING) Worth ₹98.1 Based On Its Intrinsic Value?
Dec 26Financial Position Analysis
Short Term Liabilities: NRBBEARING's short term assets (₹7.9B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: NRBBEARING's short term assets (₹7.9B) exceed its long term liabilities (₹525.3M).
Debt to Equity History and Analysis
Debt Level: NRBBEARING's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: NRBBEARING's debt to equity ratio has reduced from 59% to 20.4% over the past 5 years.
Debt Coverage: NRBBEARING's debt is well covered by operating cash flow (64.5%).
Interest Coverage: NRBBEARING's interest payments on its debt are well covered by EBIT (6.7x coverage).