Narmada Agrobase Balance Sheet Health
Financial Health criteria checks 4/6
Narmada Agrobase has a total shareholder equity of ₹169.0M and total debt of ₹96.8M, which brings its debt-to-equity ratio to 57.3%. Its total assets and total liabilities are ₹279.6M and ₹110.6M respectively. Narmada Agrobase's EBIT is ₹33.8M making its interest coverage ratio 3.9. It has cash and short-term investments of ₹7.7M.
Key information
57.3%
Debt to equity ratio
₹96.79m
Debt
| Interest coverage ratio | 3.9x |
| Cash | ₹7.70m |
| Equity | ₹169.02m |
| Total liabilities | ₹110.63m |
| Total assets | ₹279.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543643's short term assets (₹245.4M) exceed its short term liabilities (₹109.6M).
Long Term Liabilities: 543643's short term assets (₹245.4M) exceed its long term liabilities (₹1.0M).
Debt to Equity History and Analysis
Debt Level: 543643's net debt to equity ratio (52.7%) is considered high.
Reducing Debt: 543643's debt to equity ratio has reduced from 60% to 57.3% over the past 5 years.
Debt Coverage: 543643's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: 543643's interest payments on its debt are well covered by EBIT (3.9x coverage).