Nidan Laboratories and Healthcare Balance Sheet Health
Financial Health criteria checks 4/6
Nidan Laboratories and Healthcare has a total shareholder equity of ₹673.1M and total debt of ₹117.7M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are ₹834.5M and ₹161.4M respectively. Nidan Laboratories and Healthcare's EBIT is ₹27.8M making its interest coverage ratio -4.2. It has cash and short-term investments of ₹28.0M.
Key information
17.5%
Debt to equity ratio
₹117.65m
Debt
| Interest coverage ratio | -4.2x |
| Cash | ₹27.95m |
| Equity | ₹673.07m |
| Total liabilities | ₹161.44m |
| Total assets | ₹834.52m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NIDAN's short term assets (₹108.3M) do not cover its short term liabilities (₹111.4M).
Long Term Liabilities: NIDAN's short term assets (₹108.3M) exceed its long term liabilities (₹50.0M).
Debt to Equity History and Analysis
Debt Level: NIDAN's net debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: NIDAN's debt to equity ratio has reduced from 311.7% to 17.5% over the past 5 years.
Debt Coverage: NIDAN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NIDAN earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 02:33 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Nidan Laboratories and Healthcare Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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