Nippon Life India Asset Management Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Life India Asset Management has a total shareholder equity of ₹40.7B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹45.3B and ₹4.6B respectively. Nippon Life India Asset Management's EBIT is ₹16.6B making its interest coverage ratio 253.9. It has cash and short-term investments of ₹2.7B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 253.9x |
| Cash | ₹2.70b |
| Equity | ₹40.68b |
| Total liabilities | ₹4.64b |
| Total assets | ₹45.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540767's short term assets (₹4.8B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 540767's short term assets (₹4.8B) exceed its long term liabilities (₹3.5B).
Debt to Equity History and Analysis
Debt Level: 540767 is debt free.
Reducing Debt: 540767 had no debt 5 years ago.
Debt Coverage: 540767 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 540767 has no debt, therefore coverage of interest payments is not a concern.