N.D. Metal Industries Balance Sheet Health
Financial Health criteria checks 5/6
N.D. Metal Industries has a total shareholder equity of ₹38.3M and total debt of ₹5.0M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are ₹142.5M and ₹104.2M respectively. N.D. Metal Industries's EBIT is ₹3.2M making its interest coverage ratio -78.8. It has cash and short-term investments of ₹350.0K.
Key information
13.1%
Debt to equity ratio
₹5.01m
Debt
Interest coverage ratio | -78.8x |
Cash | ₹350.00k |
Equity | ₹38.26m |
Total liabilities | ₹104.20m |
Total assets | ₹142.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512024's short term assets (₹49.7M) exceed its short term liabilities (₹2.3M).
Long Term Liabilities: 512024's short term assets (₹49.7M) do not cover its long term liabilities (₹101.9M).
Debt to Equity History and Analysis
Debt Level: 512024's net debt to equity ratio (12.2%) is considered satisfactory.
Reducing Debt: 512024's debt to equity ratio has reduced from 178.8% to 13.1% over the past 5 years.
Debt Coverage: 512024's debt is well covered by operating cash flow (333.8%).
Interest Coverage: 512024 earns more interest than it pays, so coverage of interest payments is not a concern.