Neelkanth Balance Sheet Health
Financial Health criteria checks 5/6
Neelkanth has a total shareholder equity of ₹94.1M and total debt of ₹5.7M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ₹102.0M and ₹7.8M respectively. Neelkanth's EBIT is ₹1.9M making its interest coverage ratio 29. It has cash and short-term investments of ₹72.0K.
Key information
6.1%
Debt to equity ratio
₹5.73m
Debt
| Interest coverage ratio | 29x |
| Cash | ₹72.00k |
| Equity | ₹94.15m |
| Total liabilities | ₹7.81m |
| Total assets | ₹101.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512565's short term assets (₹62.1M) exceed its short term liabilities (₹4.8M).
Long Term Liabilities: 512565's short term assets (₹62.1M) exceed its long term liabilities (₹3.0M).
Debt to Equity History and Analysis
Debt Level: 512565's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: 512565's debt to equity ratio has reduced from 170.8% to 6.1% over the past 5 years.
Debt Coverage: 512565's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 512565's interest payments on its debt are well covered by EBIT (29x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:19 |
| End of Day Share Price | 2024/11/29 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Neelkanth 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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