Navin Fluorine International Balance Sheet Health
Financial Health criteria checks 5/6
Navin Fluorine International has a total shareholder equity of ₹24.7B and total debt of ₹13.6B, which brings its debt-to-equity ratio to 55%. Its total assets and total liabilities are ₹44.4B and ₹19.7B respectively. Navin Fluorine International's EBIT is ₹3.0B making its interest coverage ratio 5.2. It has cash and short-term investments of ₹4.3B.
Key information
55.0%
Debt to equity ratio
₹13.58b
Debt
| Interest coverage ratio | 5.2x |
| Cash | ₹4.30b |
| Equity | ₹24.70b |
| Total liabilities | ₹19.71b |
| Total assets | ₹44.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532504's short term assets (₹14.2B) exceed its short term liabilities (₹9.2B).
Long Term Liabilities: 532504's short term assets (₹14.2B) exceed its long term liabilities (₹10.5B).
Debt to Equity History and Analysis
Debt Level: 532504's net debt to equity ratio (37.6%) is considered satisfactory.
Reducing Debt: 532504's debt to equity ratio has increased from 0% to 55% over the past 5 years.
Debt Coverage: 532504's debt is well covered by operating cash flow (36.1%).
Interest Coverage: 532504's interest payments on its debt are well covered by EBIT (5.2x coverage).