Nahar Spinning Mills Balance Sheet Health
Financial Health criteria checks 3/6
Nahar Spinning Mills has a total shareholder equity of ₹14.9B and total debt of ₹7.3B, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are ₹23.9B and ₹9.0B respectively. Nahar Spinning Mills's EBIT is ₹294.5M making its interest coverage ratio 0.4. It has cash and short-term investments of ₹117.9M.
Key information
49.2%
Debt to equity ratio
₹7.35b
Debt
| Interest coverage ratio | 0.4x |
| Cash | ₹117.95m |
| Equity | ₹14.92b |
| Total liabilities | ₹8.96b |
| Total assets | ₹23.88b |
Recent financial health updates
Nahar Spinning Mills (NSE:NAHARSPING) Takes On Some Risk With Its Use Of Debt
Aug 23
Does Nahar Spinning Mills (NSE:NAHARSPING) Have A Healthy Balance Sheet?
Feb 08Nahar Spinning Mills (NSE:NAHARSPING) Has A Pretty Healthy Balance Sheet
Jul 21Does Nahar Spinning Mills (NSE:NAHARSPING) Have A Healthy Balance Sheet?
Dec 14Is Nahar Spinning Mills (NSE:NAHARSPING) Using Too Much Debt?
Jun 18Recent updates
Nahar Spinning Mills Limited's (NSE:NAHARSPING) Shares Bounce 27% But Its Business Still Trails The Industry
Dec 19The Returns On Capital At Nahar Spinning Mills (NSE:NAHARSPING) Don't Inspire Confidence
Oct 08Nahar Spinning Mills (NSE:NAHARSPING) Has Announced That Its Dividend Will Be Reduced To ₹1.00
Aug 22Further Upside For Nahar Spinning Mills Limited (NSE:NAHARSPING) Shares Could Introduce Price Risks After 28% Bounce
Jul 04Returns On Capital At Nahar Spinning Mills (NSE:NAHARSPING) Paint A Concerning Picture
Jul 03Nahar Spinning Mills (NSE:NAHARSPING) Could Be Struggling To Allocate Capital
Mar 18Nahar Spinning Mills (NSE:NAHARSPING) Takes On Some Risk With Its Use Of Debt
Aug 23Nahar Spinning Mills (NSE:NAHARSPING) Is Doing The Right Things To Multiply Its Share Price
Mar 30Does Nahar Spinning Mills (NSE:NAHARSPING) Have A Healthy Balance Sheet?
Feb 08Returns on Capital Paint A Bright Future For Nahar Spinning Mills (NSE:NAHARSPING)
Dec 01Nahar Spinning Mills Limited's (NSE:NAHARSPING) Shares Not Telling The Full Story
Nov 08Nahar Spinning Mills (NSE:NAHARSPING) Has A Pretty Healthy Balance Sheet
Jul 21Investors Shouldn't Overlook Nahar Spinning Mills' (NSE:NAHARSPING) Impressive Returns On Capital
Apr 14Does Nahar Spinning Mills (NSE:NAHARSPING) Have A Healthy Balance Sheet?
Dec 14Nahar Spinning Mills' (NSE:NAHARSPING) Promising Earnings May Rest On Soft Foundations
Nov 16Is Nahar Spinning Mills (NSE:NAHARSPING) Using Too Much Debt?
Jun 18Nahar Spinning Mills (NSE:NAHARSPING) May Have Issues Allocating Its Capital
May 14MD & Executive Director Dinesh Oswal Just Bought 71% More Shares In Nahar Spinning Mills Ltd (NSE:NAHARSPING)
Mar 05Does Nahar Spinning Mills' (NSE:NAHARSPING) Returns On Capital Reflect Well On The Business?
Feb 04How Much Are Nahar Spinning Mills Ltd (NSE:NAHARSPING) Insiders Spending On Buying Shares?
Dec 07
Financial Position Analysis
Short Term Liabilities: NAHARSPING's short term assets (₹12.7B) exceed its short term liabilities (₹6.6B).
Long Term Liabilities: NAHARSPING's short term assets (₹12.7B) exceed its long term liabilities (₹2.4B).
Debt to Equity History and Analysis
Debt Level: NAHARSPING's net debt to equity ratio (48.4%) is considered high.
Reducing Debt: NAHARSPING's debt to equity ratio has reduced from 70.7% to 49.2% over the past 5 years.
Debt Coverage: NAHARSPING's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: NAHARSPING's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 15:56 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nahar Spinning Mills Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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