N R Agarwal Industries Balance Sheet Health
Financial Health criteria checks 4/6
N R Agarwal Industries has a total shareholder equity of ₹7.1B and total debt of ₹3.9B, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are ₹13.6B and ₹6.5B respectively. N R Agarwal Industries's EBIT is ₹1.5B making its interest coverage ratio 181.8. It has cash and short-term investments of ₹328.6M.
Key information
54.9%
Debt to equity ratio
₹3.92b
Debt
Interest coverage ratio | 181.8x |
Cash | ₹328.58m |
Equity | ₹7.14b |
Total liabilities | ₹6.50b |
Total assets | ₹13.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 516082's short term assets (₹3.6B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: 516082's short term assets (₹3.6B) do not cover its long term liabilities (₹4.4B).
Debt to Equity History and Analysis
Debt Level: 516082's net debt to equity ratio (50.3%) is considered high.
Reducing Debt: 516082's debt to equity ratio has reduced from 87.5% to 54.9% over the past 5 years.
Debt Coverage: 516082's debt is well covered by operating cash flow (52.6%).
Interest Coverage: 516082's interest payments on its debt are well covered by EBIT (181.8x coverage).