National Plastic Technologies Balance Sheet Health
Financial Health criteria checks 4/6
National Plastic Technologies has a total shareholder equity of ₹430.8M and total debt of ₹588.2M, which brings its debt-to-equity ratio to 136.5%. Its total assets and total liabilities are ₹1.6B and ₹1.2B respectively. National Plastic Technologies's EBIT is ₹170.3M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹5.1M.
Key information
136.5%
Debt to equity ratio
₹588.20m
Debt
Interest coverage ratio | 3.2x |
Cash | ₹5.13m |
Equity | ₹430.84m |
Total liabilities | ₹1.19b |
Total assets | ₹1.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531287's short term assets (₹866.8M) do not cover its short term liabilities (₹875.3M).
Long Term Liabilities: 531287's short term assets (₹866.8M) exceed its long term liabilities (₹311.1M).
Debt to Equity History and Analysis
Debt Level: 531287's net debt to equity ratio (135.3%) is considered high.
Reducing Debt: 531287's debt to equity ratio has reduced from 162.3% to 136.5% over the past 5 years.
Debt Coverage: 531287's debt is well covered by operating cash flow (23.5%).
Interest Coverage: 531287's interest payments on its debt are well covered by EBIT (3.2x coverage).