National Plastic Technologies Balance Sheet Health
Financial Health criteria checks 5/6
National Plastic Technologies has a total shareholder equity of ₹471.0M and total debt of ₹539.5M, which brings its debt-to-equity ratio to 114.5%. Its total assets and total liabilities are ₹1.6B and ₹1.2B respectively. National Plastic Technologies's EBIT is ₹177.9M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹31.7M.
Key information
114.5%
Debt to equity ratio
₹539.46m
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹31.71m |
| Equity | ₹470.96m |
| Total liabilities | ₹1.18b |
| Total assets | ₹1.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531287's short term assets (₹888.6M) exceed its short term liabilities (₹871.1M).
Long Term Liabilities: 531287's short term assets (₹888.6M) exceed its long term liabilities (₹306.0M).
Debt to Equity History and Analysis
Debt Level: 531287's net debt to equity ratio (107.8%) is considered high.
Reducing Debt: 531287's debt to equity ratio has reduced from 160.4% to 114.5% over the past 5 years.
Debt Coverage: 531287's debt is well covered by operating cash flow (42.3%).
Interest Coverage: 531287's interest payments on its debt are well covered by EBIT (3.2x coverage).