NCL Industries Balance Sheet Health
Financial Health criteria checks 6/6
NCL Industries has a total shareholder equity of ₹8.5B and total debt of ₹2.9B, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are ₹15.4B and ₹6.9B respectively. NCL Industries's EBIT is ₹1.4B making its interest coverage ratio 6. It has cash and short-term investments of ₹539.2M.
Key information
34.3%
Debt to equity ratio
₹2.92b
Debt
| Interest coverage ratio | 6x |
| Cash | ₹539.22m |
| Equity | ₹8.49b |
| Total liabilities | ₹6.90b |
| Total assets | ₹15.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502168's short term assets (₹4.4B) exceed its short term liabilities (₹3.3B).
Long Term Liabilities: 502168's short term assets (₹4.4B) exceed its long term liabilities (₹3.6B).
Debt to Equity History and Analysis
Debt Level: 502168's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: 502168's debt to equity ratio has reduced from 53.3% to 34.3% over the past 5 years.
Debt Coverage: 502168's debt is well covered by operating cash flow (62.7%).
Interest Coverage: 502168's interest payments on its debt are well covered by EBIT (6x coverage).