Navin Fluorine International Balance Sheet Health
Financial Health criteria checks 5/6
Navin Fluorine International has a total shareholder equity of ₹22.7B and total debt of ₹12.6B, which brings its debt-to-equity ratio to 55.6%. Its total assets and total liabilities are ₹40.2B and ₹17.6B respectively. Navin Fluorine International's EBIT is ₹4.3B making its interest coverage ratio 8.3. It has cash and short-term investments of ₹4.8B.
Key information
55.6%
Debt to equity ratio
₹12.59b
Debt
Interest coverage ratio | 8.3x |
Cash | ₹4.75b |
Equity | ₹22.66b |
Total liabilities | ₹17.56b |
Total assets | ₹40.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532504's short term assets (₹14.4B) exceed its short term liabilities (₹6.5B).
Long Term Liabilities: 532504's short term assets (₹14.4B) exceed its long term liabilities (₹11.0B).
Debt to Equity History and Analysis
Debt Level: 532504's net debt to equity ratio (34.6%) is considered satisfactory.
Reducing Debt: 532504's debt to equity ratio has increased from 0.6% to 55.6% over the past 5 years.
Debt Coverage: 532504's debt is well covered by operating cash flow (35.5%).
Interest Coverage: 532504's interest payments on its debt are well covered by EBIT (8.3x coverage).