Nazara Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Nazara Technologies has a total shareholder equity of ₹14.9B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are ₹19.5B and ₹4.6B respectively. Nazara Technologies's EBIT is ₹655.3M making its interest coverage ratio -11.6. It has cash and short-term investments of ₹8.0B.
Key information
7.3%
Debt to equity ratio
₹1.09b
Debt
| Interest coverage ratio | -11.6x |
| Cash | ₹8.02b |
| Equity | ₹14.88b |
| Total liabilities | ₹4.59b |
| Total assets | ₹19.47b |
Recent financial health updates
No updates
Recent updates
Does Nazara Technologies (NSE:NAZARA) Deserve A Spot On Your Watchlist?
Apr 10
Risks Still Elevated At These Prices As Nazara Technologies Limited (NSE:NAZARA) Shares Dive 27%
Mar 14Nazara Technologies' (NSE:NAZARA) Solid Profits Have Weak Fundamentals
Nov 16Should You Be Adding Nazara Technologies (NSE:NAZARA) To Your Watchlist Today?
Aug 02A Piece Of The Puzzle Missing From Nazara Technologies Limited's (NSE:NAZARA) Share Price
Jun 14Nazara Technologies Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 12Financial Position Analysis
Short Term Liabilities: NAZARA's short term assets (₹12.3B) exceed its short term liabilities (₹4.1B).
Long Term Liabilities: NAZARA's short term assets (₹12.3B) exceed its long term liabilities (₹524.8M).
Debt to Equity History and Analysis
Debt Level: NAZARA has more cash than its total debt.
Reducing Debt: NAZARA's debt to equity ratio has increased from 0% to 7.3% over the past 5 years.
Debt Coverage: NAZARA's debt is well covered by operating cash flow (21%).
Interest Coverage: NAZARA earns more interest than it pays, so coverage of interest payments is not a concern.