NOCIL Balance Sheet Health
Financial Health criteria checks 5/6
NOCIL has a total shareholder equity of ₹16.5B and total debt of ₹79.8M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹19.6B and ₹3.1B respectively. NOCIL's EBIT is ₹1.5B making its interest coverage ratio -49.9. It has cash and short-term investments of ₹2.7B.
Key information
0.5%
Debt to equity ratio
₹79.80m
Debt
Interest coverage ratio | -49.9x |
Cash | ₹2.66b |
Equity | ₹16.51b |
Total liabilities | ₹3.08b |
Total assets | ₹19.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500730's short term assets (₹8.9B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: 500730's short term assets (₹8.9B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 500730 has more cash than its total debt.
Reducing Debt: 500730's debt to equity ratio has increased from 0.1% to 0.5% over the past 5 years.
Debt Coverage: 500730's debt is well covered by operating cash flow (2386%).
Interest Coverage: 500730 earns more interest than it pays, so coverage of interest payments is not a concern.