Nandani Creation Balance Sheet Health
Financial Health criteria checks 5/6
Nandani Creation has a total shareholder equity of ₹509.0M and total debt of ₹102.7M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are ₹822.1M and ₹313.1M respectively. Nandani Creation's EBIT is ₹93.3M making its interest coverage ratio 3.9. It has cash and short-term investments of ₹4.3M.
Key information
20.2%
Debt to equity ratio
₹102.66m
Debt
| Interest coverage ratio | 3.9x |
| Cash | ₹4.34m |
| Equity | ₹509.00m |
| Total liabilities | ₹313.10m |
| Total assets | ₹822.09m |
Recent financial health updates
Nandani Creation (NSE:JAIPURKURT) Has A Somewhat Strained Balance Sheet
Sep 27
Nandani Creation (NSE:JAIPURKURT) Has A Somewhat Strained Balance Sheet
Dec 20Is Nandani Creation (NSE:JAIPURKURT) Using Too Much Debt?
Aug 25Nandani Creation (NSE:NANDANI) Use Of Debt Could Be Considered Risky
Feb 04
Recent updates
Increases to CEO Compensation Might Be Put On Hold For Now at Nandani Creation Limited (NSE:JAIPURKURT)
Sep 24Nandani Creation (NSE:JAIPURKURT) Has A Somewhat Strained Balance Sheet
Sep 27Nandani Creation (NSE:JAIPURKURT) Has A Somewhat Strained Balance Sheet
Dec 20Is Nandani Creation (NSE:JAIPURKURT) Using Too Much Debt?
Aug 25I Ran A Stock Scan For Earnings Growth And Nandani Creation (NSE:JAIPURKURT) Passed With Ease
Mar 26Do Nandani Creation's (NSE:JAIPURKURT) Earnings Warrant Your Attention?
Dec 14Calculating The Intrinsic Value Of Nandani Creation Limited (NSE:JAIPURKURT)
Oct 19Nandani Creation (NSE:NANDANI) Use Of Debt Could Be Considered Risky
Feb 04Have Insiders Been Buying Nandani Creation Limited (NSE:NANDANI) Shares?
Dec 17Financial Position Analysis
Short Term Liabilities: JAIPURKURT's short term assets (₹720.7M) exceed its short term liabilities (₹220.9M).
Long Term Liabilities: JAIPURKURT's short term assets (₹720.7M) exceed its long term liabilities (₹92.2M).
Debt to Equity History and Analysis
Debt Level: JAIPURKURT's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: JAIPURKURT's debt to equity ratio has reduced from 114% to 20.2% over the past 5 years.
Debt Coverage: JAIPURKURT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JAIPURKURT's interest payments on its debt are well covered by EBIT (3.9x coverage).