NACL Industries Balance Sheet Health
Financial Health criteria checks 3/6
NACL Industries has a total shareholder equity of ₹5.1B and total debt of ₹5.2B, which brings its debt-to-equity ratio to 103.1%. Its total assets and total liabilities are ₹16.5B and ₹11.4B respectively. NACL Industries's EBIT is ₹258.3M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹553.6M.
Key information
103.1%
Debt to equity ratio
₹5.22b
Debt
| Interest coverage ratio | 0.5x |
| Cash | ₹553.60m |
| Equity | ₹5.06b |
| Total liabilities | ₹11.39b |
| Total assets | ₹16.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524709's short term assets (₹11.1B) exceed its short term liabilities (₹10.1B).
Long Term Liabilities: 524709's short term assets (₹11.1B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: 524709's net debt to equity ratio (92.2%) is considered high.
Reducing Debt: 524709's debt to equity ratio has increased from 95.3% to 103.1% over the past 5 years.
Debt Coverage: 524709's debt is well covered by operating cash flow (62.3%).
Interest Coverage: 524709's interest payments on its debt are not well covered by EBIT (0.5x coverage).