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
Nippon Life India Asset Management (NSE:NAM-INDIA) Will Pay A Dividend Of ₹8.00
Oct 27
Investor Optimism Abounds Nippon Life India Asset Management Limited (NSE:NAM-INDIA) But Growth Is Lacking
Sep 14Should You Be Adding Nippon Life India Asset Management (NSE:NAM-INDIA) To Your Watchlist Today?
Aug 18Nippon Life India Asset Management Limited Just Recorded A 23% Revenue Beat: Here's What Analysts Think
Jul 22There's Reason For Concern Over Nippon Life India Asset Management Limited's (NSE:NAM-INDIA) Price
Feb 27Nippon Life India Asset Management (NSE:NAM-INDIA) Is Increasing Its Dividend To ₹5.50
Nov 02Financial Position Analysis
Short Term Liabilities: NAM-INDIA's short term assets (₹4.8B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: NAM-INDIA's short term assets (₹4.8B) exceed its long term liabilities (₹3.5B).
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.