Nahar Capital and Financial Services Balance Sheet Health
Financial Health criteria checks 4/6
Nahar Capital and Financial Services has a total shareholder equity of ₹16.3B and total debt of ₹7.4M, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are ₹18.1B and ₹1.7B respectively. Nahar Capital and Financial Services's EBIT is ₹519.2M making its interest coverage ratio 207. It has cash and short-term investments of ₹25.9M.
Key information
0.05%
Debt to equity ratio
₹7.42m
Debt
| Interest coverage ratio | 207x |
| Cash | ₹25.88m |
| Equity | ₹16.35b |
| Total liabilities | ₹1.75b |
| Total assets | ₹18.10b |
Recent financial health updates
No updates
Recent updates
Nahar Capital and Financial Services Limited's (NSE:NAHARCAP) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 19
Nahar Capital and Financial Services (NSE:NAHARCAP) Has Affirmed Its Dividend Of ₹1.50
Aug 29Nahar Capital and Financial Services (NSE:NAHARCAP) Will Pay A Dividend Of ₹1.50
Aug 15Improved Earnings Required Before Nahar Capital and Financial Services Limited (NSE:NAHARCAP) Stock's 31% Jump Looks Justified
Mar 15Dinesh Oswal Is The MD & Executive Director of Nahar Capital and Financial Services Limited (NSE:NAHARCAP) And They Just Picked Up 26% More Shares
Feb 13Here's What You Should Know About Nahar Capital and Financial Services Limited's (NSE:NAHARCAP) 0.6% Dividend Yield
Feb 02Insider Buying: The Nahar Capital and Financial Services Limited (NSE:NAHARCAP) MD & Executive Director Just Bought 66% More Shares
Dec 07
It Might Not Be A Great Idea To Buy Nahar Capital and Financial Services Limited (NSE:NAHARCAP) For Its Next Dividend
Sep 12Who Has Been Buying Nahar Capital and Financial Services Limited (NSE:NAHARCAP) Shares?
Aug 24Financial Position Analysis
Short Term Liabilities: NAHARCAP's short term assets (₹196.6M) do not cover its short term liabilities (₹1.7B).
Long Term Liabilities: NAHARCAP's short term assets (₹196.6M) exceed its long term liabilities (₹59.3M).
Debt to Equity History and Analysis
Debt Level: NAHARCAP has more cash than its total debt.
Reducing Debt: NAHARCAP's debt to equity ratio has reduced from 0.3% to 0.05% over the past 5 years.
Debt Coverage: NAHARCAP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NAHARCAP's interest payments on its debt are well covered by EBIT (207x coverage).