Nexxus Petro Industries Balance Sheet Health
Financial Health criteria checks 3/6
Nexxus Petro Industries has a total shareholder equity of ₹294.6M and total debt of ₹251.4M, which brings its debt-to-equity ratio to 85.3%. Its total assets and total liabilities are ₹627.1M and ₹332.5M respectively. Nexxus Petro Industries's EBIT is ₹59.9M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹206.6M.
Key information
85.3%
Debt to equity ratio
₹251.36m
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₹206.65m |
| Equity | ₹294.57m |
| Total liabilities | ₹332.52m |
| Total assets | ₹627.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544265's short term assets (₹570.2M) exceed its short term liabilities (₹274.2M).
Long Term Liabilities: 544265's short term assets (₹570.2M) exceed its long term liabilities (₹58.3M).
Debt to Equity History and Analysis
Debt Level: 544265's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 544265's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544265's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544265's interest payments on its debt are not well covered by EBIT (2.5x coverage).