NCL Industries Balance Sheet Health
Financial Health criteria checks 6/6
NCL Industries has a total shareholder equity of ₹8.1B and total debt of ₹3.2B, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are ₹15.4B and ₹7.3B respectively. NCL Industries's EBIT is ₹1.5B making its interest coverage ratio 9.4. It has cash and short-term investments of ₹376.4M.
Key information
40.0%
Debt to equity ratio
₹3.23b
Debt
| Interest coverage ratio | 9.4x |
| Cash | ₹376.44m |
| Equity | ₹8.08b |
| Total liabilities | ₹7.34b |
| Total assets | ₹15.42b |
Recent financial health updates
Recent updates
NCL Industries (NSE:NCLIND) Is Paying Out A Dividend Of ₹1.50
Feb 12
NCL 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 28Should NCL Industries (NSE:NCLIND) Be Disappointed With Their 55% Profit?
Jan 16What Did NCL Industries' (NSE:NCLIND) CEO Take Home Last Year?
Jan 04We Think NCL Industries (NSE:NCLIND) Can Stay On Top Of Its Debt
Dec 23Should You Be Impressed By NCL Industries' (NSE:NCLIND) Returns on Capital?
Dec 11Should You Be Adding NCL Industries (NSE:NCLIND) To Your Watchlist Today?
Nov 29Trade Alert: The MD & Director Of NCL Industries Limited (NSE:NCLIND), Ravi Kalidindi, Has Just Spent ₹3.9m Buying 1.1% More Shares
Nov 15NCL Industries Limited (NSE:NCLIND) Passed Our Checks, And It's About To Pay A ₹1.50 Dividend
Nov 14NCL Industries Limited's (NSE:NCLIND) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Nov 11Could NCL Industries Limited (NSE:NCLIND) Have The Makings Of Another Dividend Aristocrat?
Oct 27Financial Position Analysis
Short Term Liabilities: NCLIND's short term assets (₹4.5B) exceed its short term liabilities (₹3.6B).
Long Term Liabilities: NCLIND's short term assets (₹4.5B) exceed its long term liabilities (₹3.7B).
Debt to Equity History and Analysis
Debt Level: NCLIND's net debt to equity ratio (35.3%) is considered satisfactory.
Reducing Debt: NCLIND's debt to equity ratio has reduced from 65% to 40% over the past 5 years.
Debt Coverage: NCLIND's debt is well covered by operating cash flow (85.5%).
Interest Coverage: NCLIND's interest payments on its debt are well covered by EBIT (9.4x coverage).