Nakoda Group of Industries Balance Sheet Health
Financial Health criteria checks 4/6
Nakoda Group of Industries has a total shareholder equity of ₹151.9M and total debt of ₹210.2M, which brings its debt-to-equity ratio to 138.4%. Its total assets and total liabilities are ₹429.0M and ₹277.1M respectively. Nakoda Group of Industries's EBIT is ₹11.9M making its interest coverage ratio 0.6. It has cash and short-term investments of ₹3.3M.
Key information
138.4%
Debt to equity ratio
₹210.15m
Debt
| Interest coverage ratio | 0.6x |
| Cash | ₹3.33m |
| Equity | ₹151.86m |
| Total liabilities | ₹277.10m |
| Total assets | ₹428.96m |
Recent financial health updates
Recent updates
We Think Nakoda Group of Industries (NSE:NGIL) Is Taking Some Risk With Its Debt
Jan 15
Nakoda Group of Industries (NSE:NGIL) Has Affirmed Its Dividend Of ₹0.15
Sep 12Nakoda Group of Industries (NSE:NGIL) Has Affirmed Its Dividend Of ₹0.15
Aug 29A Look At The Fair Value Of Nakoda Group of Industries Limited (NSE:NGIL)
Feb 01Nakoda Group of Industries Limited (NSE:NGIL) Shares Slammed 32% But Getting In Cheap Might Be Difficult Regardless
May 13Financial Position Analysis
Short Term Liabilities: NGIL's short term assets (₹304.1M) exceed its short term liabilities (₹206.1M).
Long Term Liabilities: NGIL's short term assets (₹304.1M) exceed its long term liabilities (₹71.0M).
Debt to Equity History and Analysis
Debt Level: NGIL's net debt to equity ratio (136.2%) is considered high.
Reducing Debt: NGIL's debt to equity ratio has reduced from 180.2% to 138.4% over the past 5 years.
Debt Coverage: NGIL's debt is well covered by operating cash flow (25.5%).
Interest Coverage: NGIL's interest payments on its debt are not well covered by EBIT (0.6x coverage).