Nilkamal Balance Sheet Health
Financial Health criteria checks 5/6
Nilkamal has a total shareholder equity of ₹14.1B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are ₹22.2B and ₹8.1B respectively. Nilkamal's EBIT is ₹1.8B making its interest coverage ratio 4.7. It has cash and short-term investments of ₹1.2B.
Key information
17.5%
Debt to equity ratio
₹2.47b
Debt
Interest coverage ratio | 4.7x |
Cash | ₹1.17b |
Equity | ₹14.11b |
Total liabilities | ₹8.10b |
Total assets | ₹22.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523385's short term assets (₹12.6B) exceed its short term liabilities (₹4.5B).
Long Term Liabilities: 523385's short term assets (₹12.6B) exceed its long term liabilities (₹3.6B).
Debt to Equity History and Analysis
Debt Level: 523385's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: 523385's debt to equity ratio has increased from 6.2% to 17.5% over the past 5 years.
Debt Coverage: 523385's debt is well covered by operating cash flow (101.1%).
Interest Coverage: 523385's interest payments on its debt are well covered by EBIT (4.7x coverage).