Nile Balance Sheet Health
Financial Health criteria checks 6/6
Nile has a total shareholder equity of ₹2.3B and total debt of ₹123.0M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are ₹2.5B and ₹223.9M respectively. Nile's EBIT is ₹482.9M making its interest coverage ratio 29.7. It has cash and short-term investments of ₹94.3M.
Key information
5.3%
Debt to equity ratio
₹122.96m
Debt
| Interest coverage ratio | 29.7x |
| Cash | ₹94.27m |
| Equity | ₹2.30b |
| Total liabilities | ₹223.89m |
| Total assets | ₹2.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530129's short term assets (₹1.9B) exceed its short term liabilities (₹86.2M).
Long Term Liabilities: 530129's short term assets (₹1.9B) exceed its long term liabilities (₹137.6M).
Debt to Equity History and Analysis
Debt Level: 530129's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: 530129's debt to equity ratio has reduced from 12.8% to 5.3% over the past 5 years.
Debt Coverage: 530129's debt is well covered by operating cash flow (203.9%).
Interest Coverage: 530129's interest payments on its debt are well covered by EBIT (29.7x coverage).