NMDC Balance Sheet Health
Financial Health criteria checks 5/6
NMDC has a total shareholder equity of ₹256.7B and total debt of ₹33.6B, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are ₹356.6B and ₹99.9B respectively. NMDC's EBIT is ₹72.8B making its interest coverage ratio 76.6. It has cash and short-term investments of ₹123.7B.
Key information
13.1%
Debt to equity ratio
₹33.59b
Debt
| Interest coverage ratio | 76.6x |
| Cash | ₹123.69b |
| Equity | ₹256.73b |
| Total liabilities | ₹99.88b |
| Total assets | ₹356.61b |
Recent financial health updates
Here's Why NMDC (NSE:NMDC) Can Manage Its Debt Responsibly
Jan 19
Here's Why NMDC (NSE:NMDC) Can Manage Its Debt Responsibly
Sep 22Is NMDC (NSE:NMDC) Using Too Much Debt?
Jun 06We Think NMDC (NSE:NMDC) Can Stay On Top Of Its Debt
Jan 03NMDC (NSE:NMDC) Seems To Use Debt Rather Sparingly
Aug 04NMDC (NSE:NMDC) Could Easily Take On More Debt
Jul 12Recent updates
NMDC Limited's (NSE:NMDC) CEO Compensation Looks Acceptable To Us And Here's Why
Sep 18NMDC Limited's (NSE:NMDC) Intrinsic Value Is Potentially 25% Below Its Share Price
Sep 06What You Need To Know About The NMDC Limited (NSE:NMDC) Analyst Downgrade Today
Aug 19NMDC Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Aug 15The Market Doesn't Like What It Sees From NMDC Limited's (NSE:NMDC) Earnings Yet
Aug 02NMDC Limited (NSE:NMDC) Surges 30% Yet Its Low P/E Is No Reason For Excitement
Apr 27NMDC Limited Just Beat Revenue Estimates By 12%
Feb 18Here's Why NMDC (NSE:NMDC) Can Manage Its Debt Responsibly
Jan 19There Is A Reason NMDC Limited's (NSE:NMDC) Price Is Undemanding
Dec 29Here's Why NMDC (NSE:NMDC) Can Manage Its Debt Responsibly
Sep 22Calculating The Intrinsic Value Of NMDC Limited (NSE:NMDC)
Jun 24Is NMDC (NSE:NMDC) Using Too Much Debt?
Jun 06An Intrinsic Calculation For NMDC Limited (NSE:NMDC) Suggests It's 24% Undervalued
Mar 06We Think NMDC (NSE:NMDC) Can Stay On Top Of Its Debt
Jan 03NMDC's (NSE:NMDC) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 22A Look At The Fair Value Of NMDC Limited (NSE:NMDC)
Oct 28NMDC (NSE:NMDC) Seems To Use Debt Rather Sparingly
Aug 04Are NMDC Limited (NSE:NMDC) Investors Paying Above The Intrinsic Value?
Jul 19Should You Be Adding NMDC (NSE:NMDC) To Your Watchlist Today?
May 05A Look At The Fair Value Of NMDC Limited (NSE:NMDC)
Apr 16I Ran A Stock Scan For Earnings Growth And NMDC (NSE:NMDC) Passed With Ease
Jan 13Returns On Capital Are A Standout For NMDC (NSE:NMDC)
Dec 03Are Investors Undervaluing NMDC Limited (NSE:NMDC) By 49%?
Aug 30Here's Why I Think NMDC (NSE:NMDC) Might Deserve Your Attention Today
Aug 11NMDC (NSE:NMDC) Could Easily Take On More Debt
Jul 12Need To Know: Analysts Are Much More Bullish On NMDC Limited (NSE:NMDC)
Jun 27Returns Are Gaining Momentum At NMDC (NSE:NMDC)
May 07The NMDC (NSE:NMDC) Share Price Has Gained 58% And Shareholders Are Hoping For More
Mar 09Are Investors Undervaluing NMDC Limited (NSE:NMDC) By 31%?
Feb 24Financial Position Analysis
Short Term Liabilities: NMDC's short term assets (₹215.5B) exceed its short term liabilities (₹84.0B).
Long Term Liabilities: NMDC's short term assets (₹215.5B) exceed its long term liabilities (₹15.8B).
Debt to Equity History and Analysis
Debt Level: NMDC has more cash than its total debt.
Reducing Debt: NMDC's debt to equity ratio has increased from 1.4% to 13.1% over the past 5 years.
Debt Coverage: NMDC's debt is well covered by operating cash flow (220.2%).
Interest Coverage: NMDC's interest payments on its debt are well covered by EBIT (76.6x coverage).