Nath Industries Balance Sheet Health
Financial Health criteria checks 4/6
Nath Industries has a total shareholder equity of ₹2.5B and total debt of ₹1.0B, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are ₹4.5B and ₹2.0B respectively. Nath Industries's EBIT is ₹77.9M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹127.7M.
Key information
40.9%
Debt to equity ratio
₹1.01b
Debt
| Interest coverage ratio | 0.8x |
| Cash | ₹127.73m |
| Equity | ₹2.48b |
| Total liabilities | ₹1.99b |
| Total assets | ₹4.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502587's short term assets (₹1.3B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 502587's short term assets (₹1.3B) exceed its long term liabilities (₹893.9M).
Debt to Equity History and Analysis
Debt Level: 502587's net debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 502587's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 502587's debt is well covered by operating cash flow (29.6%).
Interest Coverage: 502587's interest payments on its debt are not well covered by EBIT (0.8x coverage).