Nureca Balance Sheet Health
Financial Health criteria checks 5/6
Nureca has a total shareholder equity of ₹1.9B and total debt of ₹22.4M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ₹2.1B and ₹206.5M respectively.
Key information
1.2%
Debt to equity ratio
₹22.41m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹282.86m |
| Equity | ₹1.94b |
| Total liabilities | ₹206.47m |
| Total assets | ₹2.15b |
Recent financial health updates
No updates
Recent updates
Nureca Limited (NSE:NURECA) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Sep 06
We Think Nureca Limited's (NSE:NURECA) CEO Compensation Package Needs To Be Put Under A Microscope
Jul 12Nureca Limited (NSE:NURECA) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Mar 29Nureca Limited's (NSE:NURECA) Shares Not Telling The Full Story
Jun 19Robust Earnings May Not Tell The Whole Story For Nureca (NSE:NURECA)
Jun 23Financial Position Analysis
Short Term Liabilities: NURECA's short term assets (₹1.9B) exceed its short term liabilities (₹165.0M).
Long Term Liabilities: NURECA's short term assets (₹1.9B) exceed its long term liabilities (₹41.5M).
Debt to Equity History and Analysis
Debt Level: NURECA has more cash than its total debt.
Reducing Debt: NURECA's debt to equity ratio has reduced from 40% to 1.2% over the past 5 years.
Debt Coverage: NURECA's debt is well covered by operating cash flow (284.8%).
Interest Coverage: Insufficient data to determine if NURECA's interest payments on its debt are well covered by EBIT.