Narmada Agrobase Balance Sheet Health
Financial Health criteria checks 3/6
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 ₹22.4M making its interest coverage ratio 2.6. It has cash and short-term investments of ₹7.7M.
Key information
57.3%
Debt to equity ratio
₹96.79m
Debt
Interest coverage ratio | 2.6x |
Cash | ₹7.70m |
Equity | ₹169.02m |
Total liabilities | ₹110.63m |
Total assets | ₹279.65m |
Recent financial health updates
No updates
Recent updates
Do Narmada Agrobase's (NSE:NARMADA) Earnings Warrant Your Attention?
May 21Narmada 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 13Financial Position Analysis
Short Term Liabilities: NARMADA's short term assets (₹245.4M) exceed its short term liabilities (₹109.6M).
Long Term Liabilities: NARMADA's short term assets (₹245.4M) exceed its long term liabilities (₹1.0M).
Debt to Equity History and Analysis
Debt Level: NARMADA's net debt to equity ratio (52.7%) is considered high.
Reducing Debt: NARMADA's debt to equity ratio has reduced from 67.3% to 57.3% over the past 5 years.
Debt Coverage: NARMADA's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: NARMADA's interest payments on its debt are not well covered by EBIT (2.6x coverage).