NGL Fine-Chem Balance Sheet Health
Financial Health criteria checks 6/6
NGL Fine-Chem has a total shareholder equity of ₹2.4B and total debt of ₹272.1M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are ₹3.2B and ₹812.6M respectively. NGL Fine-Chem's EBIT is ₹420.5M making its interest coverage ratio 127.7. It has cash and short-term investments of ₹641.1M.
Key information
11.3%
Debt to equity ratio
₹272.11m
Debt
Interest coverage ratio | 127.7x |
Cash | ₹641.08m |
Equity | ₹2.42b |
Total liabilities | ₹812.63m |
Total assets | ₹3.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524774's short term assets (₹1.9B) exceed its short term liabilities (₹751.2M).
Long Term Liabilities: 524774's short term assets (₹1.9B) exceed its long term liabilities (₹61.4M).
Debt to Equity History and Analysis
Debt Level: 524774 has more cash than its total debt.
Reducing Debt: 524774's debt to equity ratio has reduced from 32.1% to 11.3% over the past 5 years.
Debt Coverage: 524774's debt is well covered by operating cash flow (43.4%).
Interest Coverage: 524774's interest payments on its debt are well covered by EBIT (127.7x coverage).