Nakoda Group of Industries Balance Sheet Health
Financial Health criteria checks 3/6
Nakoda Group of Industries has a total shareholder equity of ₹210.3M and total debt of ₹166.7M, which brings its debt-to-equity ratio to 79.3%. Its total assets and total liabilities are ₹399.8M and ₹189.5M respectively.
Key information
79.3%
Debt to equity ratio
₹166.69m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹7.17m |
| Equity | ₹210.30m |
| Total liabilities | ₹189.54m |
| Total assets | ₹399.84m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: NGILPP1's short term assets (₹268.3M) exceed its short term liabilities (₹148.7M).
Long Term Liabilities: NGILPP1's short term assets (₹268.3M) exceed its long term liabilities (₹40.8M).
Debt to Equity History and Analysis
Debt Level: NGILPP1's net debt to equity ratio (75.8%) is considered high.
Reducing Debt: NGILPP1's debt to equity ratio has reduced from 137.7% to 79.3% over the past 5 years.
Debt Coverage: NGILPP1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NGILPP1's interest payments on its debt are well covered by EBIT.