National Aluminium Balance Sheet Health
Financial Health criteria checks 5/6
National Aluminium has a total shareholder equity of ₹134.6B and total debt of ₹957.3M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ₹182.5B and ₹47.9B respectively. National Aluminium's EBIT is ₹18.8B making its interest coverage ratio -9.2. It has cash and short-term investments of ₹23.2B.
Key information
0.7%
Debt to equity ratio
₹957.30m
Debt
Interest coverage ratio | -9.2x |
Cash | ₹23.15b |
Equity | ₹134.62b |
Total liabilities | ₹47.91b |
Total assets | ₹182.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532234's short term assets (₹54.4B) exceed its short term liabilities (₹32.0B).
Long Term Liabilities: 532234's short term assets (₹54.4B) exceed its long term liabilities (₹15.9B).
Debt to Equity History and Analysis
Debt Level: 532234 has more cash than its total debt.
Reducing Debt: 532234's debt to equity ratio has increased from 0.6% to 0.7% over the past 5 years.
Debt Coverage: 532234's debt is well covered by operating cash flow (1799.6%).
Interest Coverage: 532234 earns more interest than it pays, so coverage of interest payments is not a concern.