Nazara Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Nazara Technologies has a total shareholder equity of ₹22.8B and total debt of ₹523.3M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ₹29.7B and ₹6.9B respectively. Nazara Technologies's EBIT is ₹340.0M making its interest coverage ratio -1. It has cash and short-term investments of ₹8.6B.
Key information
2.3%
Debt to equity ratio
₹523.30m
Debt
| Interest coverage ratio | -1x |
| Cash | ₹8.63b |
| Equity | ₹22.85b |
| Total liabilities | ₹6.89b |
| Total assets | ₹29.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543280's short term assets (₹13.8B) exceed its short term liabilities (₹6.0B).
Long Term Liabilities: 543280's short term assets (₹13.8B) exceed its long term liabilities (₹926.3M).
Debt to Equity History and Analysis
Debt Level: 543280 has more cash than its total debt.
Reducing Debt: 543280's debt to equity ratio has increased from 0.8% to 2.3% over the past 5 years.
Debt Coverage: 543280's debt is well covered by operating cash flow (138.6%).
Interest Coverage: 543280 earns more interest than it pays, so coverage of interest payments is not a concern.