Nicco Parks & Resorts Balance Sheet Health
Financial Health criteria checks 6/6
Nicco Parks & Resorts has a total shareholder equity of ₹935.6M and total debt of ₹8.3M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ₹1.2B and ₹286.0M respectively. Nicco Parks & Resorts's EBIT is ₹211.1M making its interest coverage ratio -7.6. It has cash and short-term investments of ₹511.4M.
Key information
0.9%
Debt to equity ratio
₹8.34m
Debt
| Interest coverage ratio | -7.6x |
| Cash | ₹511.42m |
| Equity | ₹935.62m |
| Total liabilities | ₹286.00m |
| Total assets | ₹1.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526721's short term assets (₹597.8M) exceed its short term liabilities (₹198.2M).
Long Term Liabilities: 526721's short term assets (₹597.8M) exceed its long term liabilities (₹87.8M).
Debt to Equity History and Analysis
Debt Level: 526721 has more cash than its total debt.
Reducing Debt: 526721's debt to equity ratio has reduced from 2.9% to 0.9% over the past 5 years.
Debt Coverage: 526721's debt is well covered by operating cash flow (2409%).
Interest Coverage: 526721 earns more interest than it pays, so coverage of interest payments is not a concern.