N.B.I. Industrial Finance Balance Sheet Health
Financial Health criteria checks 5/6
N.B.I. Industrial Finance has a total shareholder equity of ₹23.4B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹24.3B and ₹883.4M respectively. N.B.I. Industrial Finance's EBIT is ₹106.9M making its interest coverage ratio 53466. It has cash and short-term investments of ₹603.0K.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 53466x |
Cash | ₹603.00k |
Equity | ₹23.38b |
Total liabilities | ₹883.37m |
Total assets | ₹24.26b |
Financial Position Analysis
Short Term Liabilities: NBIFIN's short term assets (₹6.8M) exceed its short term liabilities (₹2.3M).
Long Term Liabilities: NBIFIN's short term assets (₹6.8M) do not cover its long term liabilities (₹881.1M).
Debt to Equity History and Analysis
Debt Level: NBIFIN is debt free.
Reducing Debt: NBIFIN had no debt 5 years ago.
Debt Coverage: NBIFIN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NBIFIN has no debt, therefore coverage of interest payments is not a concern.