National Fertilizers Balance Sheet Health
Financial Health criteria checks 2/6
National Fertilizers has a total shareholder equity of ₹25.5B and total debt of ₹14.1B, which brings its debt-to-equity ratio to 55.4%. Its total assets and total liabilities are ₹96.4B and ₹71.0B respectively. National Fertilizers's EBIT is ₹5.9B making its interest coverage ratio 2.4. It has cash and short-term investments of ₹662.4M.
Key information
55.4%
Debt to equity ratio
₹14.09b
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹662.40m |
| Equity | ₹25.46b |
| Total liabilities | ₹70.95b |
| Total assets | ₹96.41b |
Recent financial health updates
Is National Fertilizers (NSE:NFL) A Risky Investment?
Jul 30
These 4 Measures Indicate That National Fertilizers (NSE:NFL) Is Using Debt Extensively
Dec 28Is National Fertilizers (NSE:NFL) A Risky Investment?
Feb 24National Fertilizers (NSE:NFL) Has A Somewhat Strained Balance Sheet
Nov 23Recent updates
National Fertilizers (NSE:NFL) Is Reducing Its Dividend To ₹0.27
Sep 20National Fertilizers (NSE:NFL) Is Reducing Its Dividend To ₹0.27
Sep 06Is National Fertilizers (NSE:NFL) A Risky Investment?
Jul 30Optimistic Investors Push National Fertilizers Limited (NSE:NFL) Shares Up 47% But Growth Is Lacking
Jun 21National Fertilizers Limited's (NSE:NFL) Subdued P/S Might Signal An Opportunity
Apr 27Earnings Tell The Story For National Fertilizers Limited (NSE:NFL) As Its Stock Soars 29%
Jan 17These 4 Measures Indicate That National Fertilizers (NSE:NFL) Is Using Debt Extensively
Dec 28Capital Allocation Trends At National Fertilizers (NSE:NFL) Aren't Ideal
Oct 18Returns On Capital At National Fertilizers (NSE:NFL) Have Stalled
Dec 16National Fertilizers (NSE:NFL) Will Be Hoping To Turn Its Returns On Capital Around
May 12Will The ROCE Trend At National Fertilizers (NSE:NFL) Continue?
Mar 17Is National Fertilizers (NSE:NFL) A Risky Investment?
Feb 24Here's Why National Fertilizers's (NSE:NFL) Statutory Earnings Are Arguably Too Conservative
Jan 21Do Institutions Own National Fertilizers Limited (NSE:NFL) Shares?
Jan 08If You Had Bought National Fertilizers' (NSE:NFL) Shares Three Years Ago You Would Be Down 50%
Dec 26With A 2.5% Return On Equity, Is National Fertilizers Limited (NSE:NFL) A Quality Stock?
Dec 08National Fertilizers (NSE:NFL) Has A Somewhat Strained Balance Sheet
Nov 23We Like These Underlying Trends At National Fertilizers (NSE:NFL)
Nov 05Should You Buy National Fertilizers Limited (NSE:NFL) For Its 2.9% Dividend?
Oct 01Financial Position Analysis
Short Term Liabilities: NFL's short term assets (₹51.6B) do not cover its short term liabilities (₹53.3B).
Long Term Liabilities: NFL's short term assets (₹51.6B) exceed its long term liabilities (₹17.6B).
Debt to Equity History and Analysis
Debt Level: NFL's net debt to equity ratio (52.7%) is considered high.
Reducing Debt: NFL's debt to equity ratio has reduced from 308.9% to 55.4% over the past 5 years.
Debt Coverage: NFL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NFL's interest payments on its debt are not well covered by EBIT (2.4x coverage).