Nagreeka Exports Balance Sheet Health
Financial Health criteria checks 2/6
Nagreeka Exports has a total shareholder equity of ₹1.1B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 167.3%. Its total assets and total liabilities are ₹3.5B and ₹2.3B respectively. Nagreeka Exports's EBIT is ₹214.9M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹28.6M.
Key information
167.3%
Debt to equity ratio
₹1.92b
Debt
Interest coverage ratio | 2.4x |
Cash | ₹28.55m |
Equity | ₹1.14b |
Total liabilities | ₹2.35b |
Total assets | ₹3.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521109's short term assets (₹2.4B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 521109's short term assets (₹2.4B) exceed its long term liabilities (₹641.5M).
Debt to Equity History and Analysis
Debt Level: 521109's net debt to equity ratio (164.8%) is considered high.
Reducing Debt: 521109's debt to equity ratio has increased from 165.2% to 167.3% over the past 5 years.
Debt Coverage: 521109's debt is not well covered by operating cash flow (2.5%).
Interest Coverage: 521109's interest payments on its debt are not well covered by EBIT (2.4x coverage).