NACL Industries Balance Sheet Health
Financial Health criteria checks 2/6
NACL Industries has a total shareholder equity of ₹5.4B and total debt of ₹7.8B, which brings its debt-to-equity ratio to 144.7%. Its total assets and total liabilities are ₹19.5B and ₹14.1B respectively. NACL Industries's EBIT is ₹466.6M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹870.6M.
Key information
144.7%
Debt to equity ratio
₹7.75b
Debt
Interest coverage ratio | 0.8x |
Cash | ₹870.60m |
Equity | ₹5.36b |
Total liabilities | ₹14.12b |
Total assets | ₹19.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524709's short term assets (₹14.3B) exceed its short term liabilities (₹12.2B).
Long Term Liabilities: 524709's short term assets (₹14.3B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: 524709's net debt to equity ratio (128.4%) is considered high.
Reducing Debt: 524709's debt to equity ratio has increased from 79.5% to 144.7% over the past 5 years.
Debt Coverage: 524709's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: 524709's interest payments on its debt are not well covered by EBIT (0.8x coverage).