N.D. Metal Industries Balance Sheet Health
Financial Health criteria checks 4/6
N.D. Metal Industries has a total shareholder equity of ₹39.6M and total debt of ₹5.0M, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are ₹143.8M and ₹104.2M respectively. N.D. Metal Industries's EBIT is ₹1.9M making its interest coverage ratio -2.4. It has cash and short-term investments of ₹88.0K.
Key information
12.5%
Debt to equity ratio
₹4.96m
Debt
| Interest coverage ratio | -2.4x |
| Cash | ₹88.00k |
| Equity | ₹39.65m |
| Total liabilities | ₹104.16m |
| Total assets | ₹143.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512024's short term assets (₹56.6M) exceed its short term liabilities (₹2.3M).
Long Term Liabilities: 512024's short term assets (₹56.6M) do not cover its long term liabilities (₹101.8M).
Debt to Equity History and Analysis
Debt Level: 512024's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: 512024's debt to equity ratio has reduced from 282.6% to 12.5% over the past 5 years.
Debt Coverage: 512024's debt is not well covered by operating cash flow (0.2%).
Interest Coverage: 512024 earns more interest than it pays, so coverage of interest payments is not a concern.