NCL Industries Balance Sheet Health
Financial Health criteria checks 6/6
NCL Industries has a total shareholder equity of ₹8.5B and total debt of ₹3.2B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are ₹15.6B and ₹7.0B respectively. NCL Industries's EBIT is ₹1.3B making its interest coverage ratio 6.7. It has cash and short-term investments of ₹313.7M.
Key information
37.0%
Debt to equity ratio
₹3.15b
Debt
| Interest coverage ratio | 6.7x |
| Cash | ₹313.70m |
| Equity | ₹8.53b |
| Total liabilities | ₹7.04b |
| Total assets | ₹15.57b |
Recent financial health updates
No updates
Recent updates
NCL Industries (NSE:NCLIND) Is Increasing Its Dividend To ₹2.50
Aug 31
NCL Industries (NSE:NCLIND) Has Announced That It Will Be Increasing Its Dividend To ₹2.50
Aug 17NCL Industries Limited (NSE:NCLIND) Stock Rockets 29% But Many Are Still Ignoring The Company
Jul 05NCL Industries (NSE:NCLIND) Hasn't Managed To Accelerate Its Returns
Jun 07NCL Industries (NSE:NCLIND) Is Paying Out A Dividend Of ₹1.50
Feb 12NCL Industries' (NSE:NCLIND) Strong Earnings Are Of Good Quality
Nov 17NCL Industries (NSE:NCLIND) Will Pay A Dividend Of ₹1.50
Sep 12NCL Industries (NSE:NCLIND) Will Pay A Dividend Of ₹1.50
Aug 29NCL Industries (NSE:NCLIND) Has Affirmed Its Dividend Of ₹1.50
Aug 14We Think Some Shareholders May Hesitate To Increase NCL Industries Limited's (NSE:NCLIND) CEO Compensation
Sep 21Here's What To Make Of NCL Industries' (NSE:NCLIND) Decelerating Rates Of Return
Jul 24NCL Industries' (NSE:NCLIND) Returns Have Hit A Wall
Feb 14NCL Industries (NSE:NCLIND) Will Pay A Dividend Of ₹1.00
Sep 07NCL Industries (NSE:NCLIND) Has Affirmed Its Dividend Of ₹1.00
Aug 15Here's Why I Think NCL Industries (NSE:NCLIND) Is An Interesting Stock
Jul 19Why Dividend Hunters Love NCL Industries Limited (NSE:NCLIND)
May 07NCL Industries (NSE:NCLIND) Could Be Struggling To Allocate Capital
Mar 29Is Now The Time To Put NCL Industries (NSE:NCLIND) On Your Watchlist?
Mar 17Are Strong Financial Prospects The Force That Is Driving The Momentum In NCL Industries Limited's NSE:NCLIND) Stock?
Mar 05Non-Executive Director Ashven Datla Just Bought 1.1% More Shares In NCL Industries Limited (NSE:NCLIND)
Feb 21Do Insiders Own Lots Of Shares In NCL Industries Limited (NSE:NCLIND)?
Feb 09
Why NCL Industries Limited (NSE:NCLIND) Is A Top Dividend Stock
Jan 28Financial Position Analysis
Short Term Liabilities: NCLIND's short term assets (₹4.5B) exceed its short term liabilities (₹3.4B).
Long Term Liabilities: NCLIND's short term assets (₹4.5B) exceed its long term liabilities (₹3.6B).
Debt to Equity History and Analysis
Debt Level: NCLIND's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: NCLIND's debt to equity ratio has reduced from 51.2% to 37% over the past 5 years.
Debt Coverage: NCLIND's debt is well covered by operating cash flow (35.2%).
Interest Coverage: NCLIND's interest payments on its debt are well covered by EBIT (6.7x coverage).