ntc industries Balance Sheet Health
Financial Health criteria checks 6/6
ntc industries has a total shareholder equity of ₹973.1M and total debt of ₹63.3M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are ₹1.2B and ₹237.7M respectively. ntc industries's EBIT is ₹30.6M making its interest coverage ratio -1.3. It has cash and short-term investments of ₹12.2M.
Key information
6.5%
Debt to equity ratio
₹63.26m
Debt
Interest coverage ratio | -1.3x |
Cash | ₹12.16m |
Equity | ₹973.07m |
Total liabilities | ₹237.71m |
Total assets | ₹1.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526723's short term assets (₹750.3M) exceed its short term liabilities (₹189.1M).
Long Term Liabilities: 526723's short term assets (₹750.3M) exceed its long term liabilities (₹48.6M).
Debt to Equity History and Analysis
Debt Level: 526723's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: 526723's debt to equity ratio has reduced from 25.5% to 6.5% over the past 5 years.
Debt Coverage: 526723's debt is well covered by operating cash flow (24.6%).
Interest Coverage: 526723 earns more interest than it pays, so coverage of interest payments is not a concern.