Nahar Industrial Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
Nahar Industrial Enterprises has a total shareholder equity of ₹9.7B and total debt of ₹5.3B, which brings its debt-to-equity ratio to 54.8%. Its total assets and total liabilities are ₹16.6B and ₹6.9B respectively. Nahar Industrial Enterprises's EBIT is ₹108.1M making its interest coverage ratio 0.4. It has cash and short-term investments of ₹316.8M.
Key information
54.8%
Debt to equity ratio
₹5.32b
Debt
| Interest coverage ratio | 0.4x |
| Cash | ₹316.76m |
| Equity | ₹9.71b |
| Total liabilities | ₹6.87b |
| Total assets | ₹16.58b |
Recent financial health updates
Nahar Industrial Enterprises (NSE:NAHARINDUS) Has A Somewhat Strained Balance Sheet
Feb 16
Is Nahar Industrial Enterprises (NSE:NAHARINDUS) Using Too Much Debt?
May 26These 4 Measures Indicate That Nahar Industrial Enterprises (NSE:NAHARINDUS) Is Using Debt Extensively
Feb 07Is Nahar Industrial Enterprises (NSE:NAHARINDUS) Using Too Much Debt?
Jul 15Health Check: How Prudently Does Nahar Industrial Enterprises (NSE:NAHARINDUS) Use Debt?
Nov 15
Recent updates
Nahar Industrial Enterprises Limited (NSE:NAHARINDUS) Looks Inexpensive But Perhaps Not Attractive Enough
Jul 25Investors Can Find Comfort In Nahar Industrial Enterprises' (NSE:NAHARINDUS) Earnings Quality
Jun 07Getting In Cheap On Nahar Industrial Enterprises Limited (NSE:NAHARINDUS) Is Unlikely
Mar 15Nahar Industrial Enterprises (NSE:NAHARINDUS) Is Looking To Continue Growing Its Returns On Capital
Oct 26Increases to Nahar Industrial Enterprises Limited's (NSE:NAHARINDUS) CEO Compensation Might Cool off for now
Sep 21Nahar Industrial Enterprises (NSE:NAHARINDUS) Has A Somewhat Strained Balance Sheet
Feb 16Here's Why We Think Nahar Industrial Enterprises (NSE:NAHARINDUS) Might Deserve Your Attention Today
Dec 26If EPS Growth Is Important To You, Nahar Industrial Enterprises (NSE:NAHARINDUS) Presents An Opportunity
Aug 19We Like Nahar Industrial Enterprises' (NSE:NAHARINDUS) Returns And Here's How They're Trending
Jun 30Is Nahar Industrial Enterprises (NSE:NAHARINDUS) Using Too Much Debt?
May 26Nahar Industrial Enterprises (NSE:NAHARINDUS) Is Achieving High Returns On Its Capital
Mar 14These 4 Measures Indicate That Nahar Industrial Enterprises (NSE:NAHARINDUS) Is Using Debt Extensively
Feb 07Returns On Capital At Nahar Industrial Enterprises (NSE:NAHARINDUS) Have Hit The Brakes
Nov 01Is Nahar Industrial Enterprises (NSE:NAHARINDUS) Using Too Much Debt?
Jul 15Investors Could Be Concerned With Nahar Industrial Enterprises' (NSE:NAHARINDUS) Returns On Capital
May 30Is Nahar Industrial Enterprises (NSE:NAHARINDUS) Set To Make A Turnaround?
Feb 14Health Check: How Prudently Does Nahar Industrial Enterprises (NSE:NAHARINDUS) Use Debt?
Nov 15Financial Position Analysis
Short Term Liabilities: NAHARINDUS's short term assets (₹8.8B) exceed its short term liabilities (₹5.6B).
Long Term Liabilities: NAHARINDUS's short term assets (₹8.8B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: NAHARINDUS's net debt to equity ratio (51.5%) is considered high.
Reducing Debt: NAHARINDUS's debt to equity ratio has reduced from 120.4% to 54.8% over the past 5 years.
Debt Coverage: NAHARINDUS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NAHARINDUS's interest payments on its debt are not well covered by EBIT (0.4x coverage).