National Aluminium Balance Sheet Health
Financial Health criteria checks 5/6
National Aluminium has a total shareholder equity of ₹143.9B and total debt of ₹963.8M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ₹192.4B and ₹48.5B respectively. National Aluminium's EBIT is ₹24.6B making its interest coverage ratio 133.9. It has cash and short-term investments of ₹27.5B.
Key information
0.7%
Debt to equity ratio
₹963.80m
Debt
| Interest coverage ratio | 133.9x |
| Cash | ₹27.48b |
| Equity | ₹143.88b |
| Total liabilities | ₹48.47b |
| Total assets | ₹192.35b |
Recent financial health updates
Is National Aluminium (NSE:NATIONALUM) Using Too Much Debt?
Sep 01
Is National Aluminium (NSE:NATIONALUM) A Risky Investment?
Mar 24Is National Aluminium (NSE:NATIONALUM) Using Too Much Debt?
Dec 02Is National Aluminium (NSE:NATIONALUM) A Risky Investment?
Jun 24We Think National Aluminium (NSE:NATIONALUM) Can Stay On Top Of Its Debt
Feb 28National Aluminium (NSE:NATIONALUM) Seems To Use Debt Rather Sparingly
Sep 10Recent updates
Is National Aluminium (NSE:NATIONALUM) Using Too Much Debt?
Sep 01Lacklustre Performance Is Driving National Aluminium Company Limited's (NSE:NATIONALUM) Low P/E
Aug 14National Aluminium Company Limited's (NSE:NATIONALUM) Intrinsic Value Is Potentially 35% Above Its Share Price
Jun 21National Aluminium's (NSE:NATIONALUM) Solid Earnings May Rest On Weak Foundations
Jun 06National Aluminium (NSE:NATIONALUM) Is Reinvesting At Lower Rates Of Return
May 26National Aluminium Company Limited (NSE:NATIONALUM) Stock Rockets 31% But Many Are Still Ignoring The Company
Apr 13Is National Aluminium (NSE:NATIONALUM) A Risky Investment?
Mar 24Even With A 27% Surge, Cautious Investors Are Not Rewarding National Aluminium Company Limited's (NSE:NATIONALUM) Performance Completely
Feb 07Investors Could Be Concerned With National Aluminium's (NSE:NATIONALUM) Returns On Capital
Jan 24Improved Earnings Required Before National Aluminium Company Limited (NSE:NATIONALUM) Stock's 26% Jump Looks Justified
Dec 23Is National Aluminium (NSE:NATIONALUM) Using Too Much Debt?
Dec 02Calculating The Fair Value Of National Aluminium Company Limited (NSE:NATIONALUM)
Oct 23It Looks Like The CEO Of National Aluminium Company Limited (NSE:NATIONALUM) May Be Underpaid Compared To Peers
Sep 15National Aluminium (NSE:NATIONALUM) Is Paying Out Less In Dividends Than Last Year
Sep 08National Aluminium's (NSE:NATIONALUM) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 25Returns On Capital At National Aluminium (NSE:NATIONALUM) Have Hit The Brakes
Aug 17Is National Aluminium (NSE:NATIONALUM) A Risky Investment?
Jun 24We Think National Aluminium (NSE:NATIONALUM) Can Stay On Top Of Its Debt
Feb 28We Think National Aluminium (NSE:NATIONALUM) Might Have The DNA Of A Multi-Bagger
Feb 07Returns on Capital Paint A Bright Future For National Aluminium (NSE:NATIONALUM)
Nov 05Here's Why National Aluminium (NSE:NATIONALUM) Has Caught The Eye Of Investors
Oct 15National Aluminium (NSE:NATIONALUM) Seems To Use Debt Rather Sparingly
Sep 10National Aluminium's (NSE:NATIONALUM) Dividend Will Be Increased To ₹1.50
Aug 23Should You Be Adding National Aluminium (NSE:NATIONALUM) To Your Watchlist Today?
Jul 15National Aluminium (NSE:NATIONALUM) Is Achieving High Returns On Its Capital
Jun 30National Aluminium (NSE:NATIONALUM) Has A Rock Solid Balance Sheet
May 28Here's Why I Think National Aluminium (NSE:NATIONALUM) Might Deserve Your Attention Today
Apr 01Estimating The Intrinsic Value Of National Aluminium Company Limited (NSE:NATIONALUM)
Feb 27If You Like EPS Growth Then Check Out National Aluminium (NSE:NATIONALUM) Before It's Too Late
Dec 25National Aluminium (NSE:NATIONALUM) Could Easily Take On More Debt
Dec 07Investors Will Want National Aluminium's (NSE:NATIONALUM) Growth In ROCE To Persist
Nov 16Estimating The Intrinsic Value Of National Aluminium Company Limited (NSE:NATIONALUM)
Oct 06Financial Position Analysis
Short Term Liabilities: NATIONALUM's short term assets (₹63.9B) exceed its short term liabilities (₹31.8B).
Long Term Liabilities: NATIONALUM's short term assets (₹63.9B) exceed its long term liabilities (₹16.7B).
Debt to Equity History and Analysis
Debt Level: NATIONALUM has more cash than its total debt.
Reducing Debt: NATIONALUM's debt to equity ratio has increased from 0.6% to 0.7% over the past 5 years.
Debt Coverage: NATIONALUM's debt is well covered by operating cash flow (2821.5%).
Interest Coverage: NATIONALUM's interest payments on its debt are well covered by EBIT (133.9x coverage).