Nagreeka Exports Balance Sheet Health
Financial Health criteria checks 3/6
Nagreeka Exports has a total shareholder equity of ₹1.5B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 108.4%. Its total assets and total liabilities are ₹3.7B and ₹2.1B respectively. Nagreeka Exports's EBIT is ₹160.7M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹33.2M.
Key information
108.4%
Debt to equity ratio
₹1.66b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹33.16m |
| Equity | ₹1.53b |
| Total liabilities | ₹2.14b |
| Total assets | ₹3.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521109's short term assets (₹2.6B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 521109's short term assets (₹2.6B) exceed its long term liabilities (₹319.0M).
Debt to Equity History and Analysis
Debt Level: 521109's net debt to equity ratio (106.2%) is considered high.
Reducing Debt: 521109's debt to equity ratio has reduced from 152.7% to 108.4% over the past 5 years.
Debt Coverage: 521109's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: 521109's interest payments on its debt are not well covered by EBIT (1.8x coverage).