Nandani Creation Balance Sheet Health
Financial Health criteria checks 3/6
Nandani Creation has a total shareholder equity of ₹298.7M and total debt of ₹177.1M, which brings its debt-to-equity ratio to 59.3%. Its total assets and total liabilities are ₹697.4M and ₹398.7M respectively. Nandani Creation's EBIT is ₹23.5M making its interest coverage ratio 0.9. It has cash and short-term investments of ₹3.5M.
Key information
59.3%
Debt to equity ratio
₹177.10m
Debt
Interest coverage ratio | 0.9x |
Cash | ₹3.51m |
Equity | ₹298.67m |
Total liabilities | ₹398.71m |
Total assets | ₹697.39m |
Recent financial health updates
Nandani 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 25Nandani Creation (NSE:NANDANI) Use Of Debt Could Be Considered Risky
Feb 04Recent updates
Nandani 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 (₹578.0M) exceed its short term liabilities (₹244.5M).
Long Term Liabilities: JAIPURKURT's short term assets (₹578.0M) exceed its long term liabilities (₹154.2M).
Debt to Equity History and Analysis
Debt Level: JAIPURKURT's net debt to equity ratio (58.1%) is considered high.
Reducing Debt: JAIPURKURT's debt to equity ratio has reduced from 121% to 59.3% 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 not well covered by EBIT (0.9x coverage).