Naturewings Holidays Balance Sheet Health
Financial Health criteria checks 5/6
Naturewings Holidays has a total shareholder equity of ₹26.6M and total debt of ₹512.0K, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ₹57.2M and ₹30.6M respectively. Naturewings Holidays's EBIT is ₹15.4M making its interest coverage ratio -376.7. It has cash and short-term investments of ₹22.2M.
Key information
1.9%
Debt to equity ratio
₹512.00k
Debt
| Interest coverage ratio | -376.7x |
| Cash | ₹22.21m |
| Equity | ₹26.56m |
| Total liabilities | ₹30.60m |
| Total assets | ₹57.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544245's short term assets (₹40.2M) exceed its short term liabilities (₹29.9M).
Long Term Liabilities: 544245's short term assets (₹40.2M) exceed its long term liabilities (₹662.0K).
Debt to Equity History and Analysis
Debt Level: 544245 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 544245's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544245's debt is well covered by operating cash flow (896.1%).
Interest Coverage: 544245 earns more interest than it pays, so coverage of interest payments is not a concern.