Nirman Agri Genetics Balance Sheet Health
Financial Health criteria checks 4/6
Nirman Agri Genetics has a total shareholder equity of ₹269.5M and total debt of ₹7.5M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ₹298.5M and ₹28.9M respectively. Nirman Agri Genetics's EBIT is ₹43.7M making its interest coverage ratio 337.2. It has cash and short-term investments of ₹1.1M.
Key information
2.8%
Debt to equity ratio
₹7.50m
Debt
| Interest coverage ratio | 337.2x |
| Cash | ₹1.11m |
| Equity | ₹269.55m |
| Total liabilities | ₹28.92m |
| Total assets | ₹298.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIRMAN's short term assets (₹90.8M) exceed its short term liabilities (₹21.4M).
Long Term Liabilities: NIRMAN's short term assets (₹90.8M) exceed its long term liabilities (₹7.5M).
Debt to Equity History and Analysis
Debt Level: NIRMAN's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NIRMAN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NIRMAN's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: NIRMAN's interest payments on its debt are well covered by EBIT (337.2x coverage).