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 ₹39.8B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹43.8B and ₹3.9B respectively. Nippon Life India Asset Management's EBIT is ₹13.6B making its interest coverage ratio 217.7. It has cash and short-term investments of ₹2.7B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 217.7x |
| Cash | ₹2.71b |
| Equity | ₹39.82b |
| Total liabilities | ₹3.93b |
| Total assets | ₹43.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAM-INDIA's short term assets (₹4.3B) exceed its short term liabilities (₹568.8M).
Long Term Liabilities: NAM-INDIA's short term assets (₹4.3B) exceed its long term liabilities (₹3.4B).
Debt to Equity History and Analysis
Debt Level: NAM-INDIA is debt free.
Reducing Debt: NAM-INDIA had no debt 5 years ago.
Debt Coverage: NAM-INDIA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NAM-INDIA has no debt, therefore coverage of interest payments is not a concern.