Nahar Industrial Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
Nahar Industrial Enterprises has a total shareholder equity of ₹9.7B and total debt of ₹4.6B, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are ₹15.7B and ₹6.1B respectively. Nahar Industrial Enterprises's EBIT is ₹461.6M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹312.3M.
Key information
47.3%
Debt to equity ratio
₹4.58b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹312.35m |
| Equity | ₹9.68b |
| Total liabilities | ₹6.07b |
| Total assets | ₹15.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519136's short term assets (₹7.3B) exceed its short term liabilities (₹4.4B).
Long Term Liabilities: 519136's short term assets (₹7.3B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: 519136's net debt to equity ratio (44%) is considered high.
Reducing Debt: 519136's debt to equity ratio has reduced from 107.4% to 47.3% over the past 5 years.
Debt Coverage: 519136's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 519136's interest payments on its debt are not well covered by EBIT (1.8x coverage).