Nilkamal Balance Sheet Health
Financial Health criteria checks 5/6
Nilkamal has a total shareholder equity of ₹14.3B and total debt of ₹3.1B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are ₹23.5B and ₹9.2B respectively. Nilkamal's EBIT is ₹1.7B making its interest coverage ratio 5.4. It has cash and short-term investments of ₹398.9M.
Key information
21.5%
Debt to equity ratio
₹3.08b
Debt
| Interest coverage ratio | 5.4x |
| Cash | ₹398.87m |
| Equity | ₹14.33b |
| Total liabilities | ₹9.15b |
| Total assets | ₹23.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523385's short term assets (₹12.7B) exceed its short term liabilities (₹5.8B).
Long Term Liabilities: 523385's short term assets (₹12.7B) exceed its long term liabilities (₹3.4B).
Debt to Equity History and Analysis
Debt Level: 523385's net debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: 523385's debt to equity ratio has increased from 6.1% to 21.5% over the past 5 years.
Debt Coverage: 523385's debt is well covered by operating cash flow (84.3%).
Interest Coverage: 523385's interest payments on its debt are well covered by EBIT (5.4x coverage).