NMDC Balance Sheet Health
Financial Health criteria checks 5/6
NMDC has a total shareholder equity of ₹245.0B and total debt of ₹21.4B, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are ₹326.0B and ₹80.9B respectively. NMDC's EBIT is ₹70.2B making its interest coverage ratio -14.8. It has cash and short-term investments of ₹139.2B.
Key information
8.7%
Debt to equity ratio
₹21.43b
Debt
Interest coverage ratio | -14.8x |
Cash | ₹139.19b |
Equity | ₹245.02b |
Total liabilities | ₹80.94b |
Total assets | ₹325.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526371's short term assets (₹193.9B) exceed its short term liabilities (₹66.5B).
Long Term Liabilities: 526371's short term assets (₹193.9B) exceed its long term liabilities (₹14.4B).
Debt to Equity History and Analysis
Debt Level: 526371 has more cash than its total debt.
Reducing Debt: 526371's debt to equity ratio has increased from 1.5% to 8.7% over the past 5 years.
Debt Coverage: 526371's debt is well covered by operating cash flow (352.5%).
Interest Coverage: 526371 earns more interest than it pays, so coverage of interest payments is not a concern.