CIL Nova Petrochemicals Financial Health
How is CIL Nova Petrochemicals's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 533407's short term assets (₹377.3M) exceed its short term liabilities (₹199.8M).
Long Term Liabilities: 533407's short term assets (₹377.3M) exceed its long term liabilities (₹121.5M).
Debt to Equity History and Analysis
Debt Level: 533407's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: 533407's debt to equity ratio has reduced from 28% to 7.8% over the past 5 years.
Debt Coverage: 533407's debt is well covered by operating cash flow (191.7%).
Interest Coverage: 533407's interest payments on its debt are not well covered by EBIT (1.4x coverage).