Nahar Industrial Enterprises Balance Sheet Health
Financial Health criteria checks 5/6
Nahar Industrial Enterprises has a total shareholder equity of ₹9.5B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are ₹13.3B and ₹3.9B respectively. Nahar Industrial Enterprises's EBIT is ₹98.2M making its interest coverage ratio 0.6. It has cash and short-term investments of ₹278.4M.
Key information
27.7%
Debt to equity ratio
₹2.62b
Debt
Interest coverage ratio | 0.6x |
Cash | ₹278.39m |
Equity | ₹9.45b |
Total liabilities | ₹3.86b |
Total assets | ₹13.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519136's short term assets (₹5.8B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: 519136's short term assets (₹5.8B) exceed its long term liabilities (₹995.2M).
Debt to Equity History and Analysis
Debt Level: 519136's net debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: 519136's debt to equity ratio has reduced from 124.7% to 27.7% over the past 5 years.
Debt Coverage: 519136's debt is well covered by operating cash flow (116.1%).
Interest Coverage: 519136's interest payments on its debt are not well covered by EBIT (0.6x coverage).