Nivaka Fashions Balance Sheet Health
Financial Health criteria checks 4/6
Nivaka Fashions has a total shareholder equity of ₹100.9M and total debt of ₹19.5M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are ₹130.6M and ₹29.7M respectively.
Key information
19.3%
Debt to equity ratio
₹19.51m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹13.54m |
| Equity | ₹100.90m |
| Total liabilities | ₹29.71m |
| Total assets | ₹130.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542206's short term assets (₹45.5M) exceed its short term liabilities (₹10.2M).
Long Term Liabilities: 542206's short term assets (₹45.5M) exceed its long term liabilities (₹19.5M).
Debt to Equity History and Analysis
Debt Level: 542206's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: 542206's debt to equity ratio has increased from 2% to 19.3% over the past 5 years.
Debt Coverage: 542206's debt is well covered by operating cash flow (29.4%).
Interest Coverage: Insufficient data to determine if 542206's interest payments on its debt are well covered by EBIT.