Nahar Capital and Financial Services Balance Sheet Health
Financial Health criteria checks 5/6
Nahar Capital and Financial Services has a total shareholder equity of ₹15.5B and total debt of ₹5.7M, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are ₹17.1B and ₹1.6B respectively. Nahar Capital and Financial Services's EBIT is ₹378.7M making its interest coverage ratio 296.1. It has cash and short-term investments of ₹15.2M.
Key information
0.04%
Debt to equity ratio
₹5.70m
Debt
Interest coverage ratio | 296.1x |
Cash | ₹15.19m |
Equity | ₹15.48b |
Total liabilities | ₹1.60b |
Total assets | ₹17.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532952's short term assets (₹54.6M) do not cover its short term liabilities (₹1.5B).
Long Term Liabilities: 532952's short term assets (₹54.6M) exceed its long term liabilities (₹54.6M).
Debt to Equity History and Analysis
Debt Level: 532952 has more cash than its total debt.
Reducing Debt: 532952's debt to equity ratio has reduced from 1% to 0.04% over the past 5 years.
Debt Coverage: 532952's debt is well covered by operating cash flow (3712.2%).
Interest Coverage: 532952's interest payments on its debt are well covered by EBIT (296.1x coverage).