Nicco Parks & Resorts Balance Sheet Health
Financial Health criteria checks 6/6
Nicco Parks & Resorts has a total shareholder equity of ₹865.7M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.2B and ₹289.3M respectively. Nicco Parks & Resorts's EBIT is ₹242.9M making its interest coverage ratio -16.8. It has cash and short-term investments of ₹510.5M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | -16.8x |
Cash | ₹510.54m |
Equity | ₹865.65m |
Total liabilities | ₹289.33m |
Total assets | ₹1.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526721's short term assets (₹562.9M) exceed its short term liabilities (₹207.3M).
Long Term Liabilities: 526721's short term assets (₹562.9M) exceed its long term liabilities (₹82.1M).
Debt to Equity History and Analysis
Debt Level: 526721 is debt free.
Reducing Debt: 526721 has no debt compared to 5 years ago when its debt to equity ratio was 3%.
Debt Coverage: 526721 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 526721 has no debt, therefore coverage of interest payments is not a concern.