NHC Foods Balance Sheet Health
Financial Health criteria checks 2/6
NHC Foods has a total shareholder equity of ₹277.7M and total debt of ₹366.8M, which brings its debt-to-equity ratio to 132.1%. Its total assets and total liabilities are ₹973.7M and ₹696.0M respectively. NHC Foods's EBIT is ₹63.3M making its interest coverage ratio 2.1. It has cash and short-term investments of ₹6.2M.
Key information
132.1%
Debt to equity ratio
₹366.80m
Debt
| Interest coverage ratio | 2.1x |
| Cash | ₹6.19m |
| Equity | ₹277.70m |
| Total liabilities | ₹696.00m |
| Total assets | ₹973.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517554's short term assets (₹776.0M) exceed its short term liabilities (₹617.2M).
Long Term Liabilities: 517554's short term assets (₹776.0M) exceed its long term liabilities (₹78.8M).
Debt to Equity History and Analysis
Debt Level: 517554's net debt to equity ratio (129.9%) is considered high.
Reducing Debt: 517554's debt to equity ratio has increased from 58.5% to 132.1% over the past 5 years.
Debt Coverage: 517554's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 517554's interest payments on its debt are not well covered by EBIT (2.1x coverage).