Nouveau Global Ventures Balance Sheet Health
Financial Health criteria checks 1/6
Nouveau Global Ventures has a total shareholder equity of ₹61.0M and total debt of ₹81.3M, which brings its debt-to-equity ratio to 133.3%. Its total assets and total liabilities are ₹167.9M and ₹106.9M respectively. Nouveau Global Ventures's EBIT is ₹4.8M making its interest coverage ratio 6.7. It has cash and short-term investments of ₹1.5M.
Key information
133.3%
Debt to equity ratio
₹81.28m
Debt
| Interest coverage ratio | 6.7x |
| Cash | ₹1.50m |
| Equity | ₹60.99m |
| Total liabilities | ₹106.88m |
| Total assets | ₹167.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531465's short term assets (₹1.6M) do not cover its short term liabilities (₹25.2M).
Long Term Liabilities: 531465's short term assets (₹1.6M) do not cover its long term liabilities (₹81.7M).
Debt to Equity History and Analysis
Debt Level: 531465's net debt to equity ratio (130.8%) is considered high.
Reducing Debt: 531465's debt to equity ratio has increased from 95.1% to 133.3% over the past 5 years.
Debt Coverage: 531465's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531465's interest payments on its debt are well covered by EBIT (6.7x coverage).