Naturite Agro Products Balance Sheet Health
Financial Health criteria checks 3/6
Naturite Agro Products has a total shareholder equity of ₹117.3M and total debt of ₹118.5M, which brings its debt-to-equity ratio to 101%. Its total assets and total liabilities are ₹282.7M and ₹165.4M respectively. Naturite Agro Products's EBIT is ₹16.9M making its interest coverage ratio 23. It has cash and short-term investments of ₹2.5M.
Key information
101.0%
Debt to equity ratio
₹118.48m
Debt
| Interest coverage ratio | 23x |
| Cash | ₹2.48m |
| Equity | ₹117.28m |
| Total liabilities | ₹165.41m |
| Total assets | ₹282.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538926's short term assets (₹178.8M) exceed its short term liabilities (₹144.7M).
Long Term Liabilities: 538926's short term assets (₹178.8M) exceed its long term liabilities (₹20.7M).
Debt to Equity History and Analysis
Debt Level: 538926's net debt to equity ratio (98.9%) is considered high.
Reducing Debt: 538926's debt to equity ratio has increased from 3.5% to 101% over the past 5 years.
Debt Coverage: 538926's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 538926's interest payments on its debt are well covered by EBIT (23x coverage).