Navneet Education Balance Sheet Health
Financial Health criteria checks 6/6
Navneet Education has a total shareholder equity of ₹12.7B and total debt of ₹475.5M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ₹15.7B and ₹2.9B respectively. Navneet Education's EBIT is ₹2.0B making its interest coverage ratio 11.5. It has cash and short-term investments of ₹756.6M.
Key information
3.7%
Debt to equity ratio
₹475.50m
Debt
| Interest coverage ratio | 11.5x |
| Cash | ₹756.60m |
| Equity | ₹12.74b |
| Total liabilities | ₹2.93b |
| Total assets | ₹15.66b |
Recent financial health updates
These 4 Measures Indicate That Navneet Education (NSE:NAVNETEDUL) Is Using Debt Safely
Dec 26
We Think Navneet Education (NSE:NAVNETEDUL) Can Manage Its Debt With Ease
Aug 24Navneet Education (NSE:NAVNETEDUL) Has A Pretty Healthy Balance Sheet
Nov 26Recent updates
The Returns On Capital At Navneet Education (NSE:NAVNETEDUL) Don't Inspire Confidence
Nov 11Calculating The Fair Value Of Navneet Education Limited (NSE:NAVNETEDUL)
Apr 19These 4 Measures Indicate That Navneet Education (NSE:NAVNETEDUL) Is Using Debt Safely
Dec 26We Think Navneet Education (NSE:NAVNETEDUL) Can Manage Its Debt With Ease
Aug 24Results: Navneet Education Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
May 22Navneet Education Limited's (NSE:NAVNETEDUL) Intrinsic Value Is Potentially 39% Above Its Share Price
Apr 05This Navneet Education Limited (NSE:NAVNETEDUL) Analyst Is Way More Bearish Than They Used To Be
Jun 01Navneet Education (NSE:NAVNETEDUL) May Have Issues Allocating Its Capital
Apr 12Calculating The Intrinsic Value Of Navneet Education Limited (NSE:NAVNETEDUL)
Mar 29Is Navneet Education Limited's (NSE:NAVNETEDUL) Shareholder Ownership Skewed Towards Insiders?
Mar 15What Did Navneet Education's (NSE:NAVNETEDUL) CEO Take Home Last Year?
Mar 01Downgrade: What You Need To Know About The Latest Navneet Education Limited (NSE:NAVNETEDUL) Forecasts
Feb 17Navneet Education's(NSE:NAVNETEDUL) Share Price Is Down 42% Over The Past Three Years.
Feb 11
Navneet Education Limited (NSE:NAVNETEDUL) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?
Jan 27Should You Be Impressed By Navneet Education's (NSE:NAVNETEDUL) Returns on Capital?
Jan 11We're Not So Sure You Should Rely on Navneet Education's (NSE:NAVNETEDUL) Statutory Earnings
Dec 26Consider This Before Buying Navneet Education Limited (NSE:NAVNETEDUL) For The 3.4% Dividend
Dec 11Navneet Education (NSE:NAVNETEDUL) Has A Pretty Healthy Balance Sheet
Nov 26How Much Did Navneet Education's(NSE:NAVNETEDUL) Shareholders Earn From Share Price Movements Over The Last Three Years?
Nov 11What You Need To Know About Navneet Education Limited's (NSE:NAVNETEDUL) Investor Composition
Oct 27The Returns At Navneet Education (NSE:NAVNETEDUL) Provide Us With Signs Of What's To Come
Oct 06Do Its Financials Have Any Role To Play In Driving Navneet Education Limited's (NSE:NAVNETEDUL) Stock Up Recently?
Sep 15Is Navneet Education Limited (NSE:NAVNETEDUL) A Great Dividend Stock?
Aug 28Financial Position Analysis
Short Term Liabilities: NAVNETEDUL's short term assets (₹8.9B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: NAVNETEDUL's short term assets (₹8.9B) exceed its long term liabilities (₹601.3M).
Debt to Equity History and Analysis
Debt Level: NAVNETEDUL has more cash than its total debt.
Reducing Debt: NAVNETEDUL's debt to equity ratio has reduced from 40.2% to 3.7% over the past 5 years.
Debt Coverage: NAVNETEDUL's debt is well covered by operating cash flow (263.1%).
Interest Coverage: NAVNETEDUL's interest payments on its debt are well covered by EBIT (11.5x coverage).