Narmada Gelatines Balance Sheet Health
Financial Health criteria checks 5/6
Narmada Gelatines has a total shareholder equity of ₹1.1B and total debt of ₹214.1M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are ₹1.5B and ₹438.4M respectively. Narmada Gelatines's EBIT is ₹196.8M making its interest coverage ratio -21.3. It has cash and short-term investments of ₹243.8M.
Key information
19.3%
Debt to equity ratio
₹214.10m
Debt
| Interest coverage ratio | -21.3x |
| Cash | ₹243.80m |
| Equity | ₹1.11b |
| Total liabilities | ₹438.40m |
| Total assets | ₹1.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526739's short term assets (₹940.7M) exceed its short term liabilities (₹333.4M).
Long Term Liabilities: 526739's short term assets (₹940.7M) exceed its long term liabilities (₹105.0M).
Debt to Equity History and Analysis
Debt Level: 526739 has more cash than its total debt.
Reducing Debt: 526739's debt to equity ratio has increased from 0.1% to 19.3% over the past 5 years.
Debt Coverage: 526739's debt is well covered by operating cash flow (33.6%).
Interest Coverage: 526739 earns more interest than it pays, so coverage of interest payments is not a concern.