Narmada Agrobase Balance Sheet Health
Financial Health criteria checks 4/6
Narmada Agrobase has a total shareholder equity of ₹192.1M and total debt of ₹107.6M, which brings its debt-to-equity ratio to 56%. Its total assets and total liabilities are ₹339.0M and ₹146.9M respectively. Narmada Agrobase's EBIT is ₹49.9M making its interest coverage ratio 5.7. It has cash and short-term investments of ₹5.8M.
Key information
56.0%
Debt to equity ratio
₹107.55m
Debt
| Interest coverage ratio | 5.7x |
| Cash | ₹5.77m |
| Equity | ₹192.11m |
| Total liabilities | ₹146.85m |
| Total assets | ₹338.97m |
Recent financial health updates
No updates
Recent updates
Do Narmada Agrobase's (NSE:NARMADA) Earnings Warrant Your Attention?
May 21
Narmada Agrobase Limited's (NSE:NARMADA) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Mar 20Risks To Shareholder Returns Are Elevated At These Prices For Narmada Agrobase Limited (NSE:NARMADA)
Jan 31Declining Stock and Decent Financials: Is The Market Wrong About Narmada Agrobase Limited (NSE:NARMADA)?
Jan 13
Financial Position Analysis
Short Term Liabilities: NARMADA's short term assets (₹305.7M) exceed its short term liabilities (₹135.7M).
Long Term Liabilities: NARMADA's short term assets (₹305.7M) exceed its long term liabilities (₹11.1M).
Debt to Equity History and Analysis
Debt Level: NARMADA's net debt to equity ratio (53%) is considered high.
Reducing Debt: NARMADA's debt to equity ratio has reduced from 60% to 56% over the past 5 years.
Debt Coverage: NARMADA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NARMADA's interest payments on its debt are well covered by EBIT (5.7x coverage).