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 ₹3.2B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are ₹15.6B and ₹7.0B respectively. NCL Industries's EBIT is ₹1.3B making its interest coverage ratio 6.7. It has cash and short-term investments of ₹313.7M.
Key information
37.0%
Debt to equity ratio
₹3.15b
Debt
| Interest coverage ratio | 6.7x |
| Cash | ₹313.70m |
| Equity | ₹8.53b |
| Total liabilities | ₹7.04b |
| Total assets | ₹15.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502168's short term assets (₹4.5B) exceed its short term liabilities (₹3.4B).
Long Term Liabilities: 502168's short term assets (₹4.5B) exceed its long term liabilities (₹3.6B).
Debt to Equity History and Analysis
Debt Level: 502168's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: 502168's debt to equity ratio has reduced from 51.2% to 37% over the past 5 years.
Debt Coverage: 502168's debt is well covered by operating cash flow (35.2%).
Interest Coverage: 502168's interest payments on its debt are well covered by EBIT (6.7x coverage).