Nirman Agri Genetics Balance Sheet Health
Financial Health criteria checks 5/6
Nirman Agri Genetics has a total shareholder equity of ₹373.4M and total debt of ₹1.9M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹442.2M and ₹68.8M respectively. Nirman Agri Genetics's EBIT is ₹109.6M making its interest coverage ratio 539.8. It has cash and short-term investments of ₹15.6M.
Key information
0.5%
Debt to equity ratio
₹1.85m
Debt
Interest coverage ratio | 539.8x |
Cash | ₹15.55m |
Equity | ₹373.39m |
Total liabilities | ₹68.83m |
Total assets | ₹442.22m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NIRMAN's short term assets (₹216.0M) exceed its short term liabilities (₹67.0M).
Long Term Liabilities: NIRMAN's short term assets (₹216.0M) exceed its long term liabilities (₹1.9M).
Debt to Equity History and Analysis
Debt Level: NIRMAN has more cash than its total debt.
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 well covered by operating cash flow (2571.5%).
Interest Coverage: NIRMAN's interest payments on its debt are well covered by EBIT (539.8x coverage).