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 ratio2.1x
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).


Balance Sheet


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