Nikki Global Finance Balance Sheet Health
Financial Health criteria checks 5/6
Nikki Global Finance has a total shareholder equity of ₹13.9M and total debt of ₹5.1M, which brings its debt-to-equity ratio to 36.6%. Its total assets and total liabilities are ₹91.8M and ₹77.9M respectively. Nikki Global Finance's EBIT is ₹67.4K making its interest coverage ratio 6.3. It has cash and short-term investments of ₹918.0K.
Key information
36.6%
Debt to equity ratio
₹5.10m
Debt
Interest coverage ratio | 6.3x |
Cash | ₹918.00k |
Equity | ₹13.95m |
Total liabilities | ₹77.88m |
Total assets | ₹91.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531272's short term assets (₹73.8M) exceed its short term liabilities (₹72.8M).
Long Term Liabilities: 531272's short term assets (₹73.8M) exceed its long term liabilities (₹5.1M).
Debt to Equity History and Analysis
Debt Level: 531272's net debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: 531272's debt to equity ratio has reduced from 232.3% to 36.6% over the past 5 years.
Debt Coverage: 531272's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: 531272's interest payments on its debt are well covered by EBIT (6.3x coverage).