ntc industries Balance Sheet Health
Financial Health criteria checks 3/6
ntc industries has a total shareholder equity of ₹1.4B and total debt of ₹783.1M, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are ₹2.5B and ₹1.0B respectively. ntc industries's EBIT is ₹52.9M making its interest coverage ratio -2.2. It has cash and short-term investments of ₹102.9M.
Key information
54.4%
Debt to equity ratio
₹783.05m
Debt
| Interest coverage ratio | -2.2x |
| Cash | ₹102.87m |
| Equity | ₹1.44b |
| Total liabilities | ₹1.02b |
| Total assets | ₹2.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526723's short term assets (₹606.1M) exceed its short term liabilities (₹193.0M).
Long Term Liabilities: 526723's short term assets (₹606.1M) do not cover its long term liabilities (₹831.7M).
Debt to Equity History and Analysis
Debt Level: 526723's net debt to equity ratio (47.3%) is considered high.
Reducing Debt: 526723's debt to equity ratio has increased from 25.9% to 54.4% over the past 5 years.
Debt Coverage: 526723's debt is well covered by operating cash flow (124.5%).
Interest Coverage: 526723 earns more interest than it pays, so coverage of interest payments is not a concern.