Nuway Organic Naturals India Balance Sheet Health
Financial Health criteria checks 1/6
Nuway Organic Naturals India has a total shareholder equity of ₹-343.6M and total debt of ₹367.2M, which brings its debt-to-equity ratio to -106.8%. Its total assets and total liabilities are ₹240.1M and ₹583.7M respectively. Nuway Organic Naturals India's EBIT is ₹23.3M making its interest coverage ratio -17.9. It has cash and short-term investments of ₹8.8M.
Key information
-106.8%
Debt to equity ratio
₹367.16m
Debt
Interest coverage ratio | -17.9x |
Cash | ₹8.81m |
Equity | -₹343.63m |
Total liabilities | ₹583.69m |
Total assets | ₹240.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531819 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 531819 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 531819 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 531819's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: Insufficient data to determine if 531819's debt is well covered by operating cash flow.
Interest Coverage: 531819 earns more interest than it pays, so coverage of interest payments is not a concern.