Nirlon Balance Sheet Health
Financial Health criteria checks 2/6
Nirlon has a total shareholder equity of ₹4.0B and total debt of ₹11.5B, which brings its debt-to-equity ratio to 282.8%. Its total assets and total liabilities are ₹21.4B and ₹17.3B respectively. Nirlon's EBIT is ₹4.2B making its interest coverage ratio 5.5. It has cash and short-term investments of ₹548.4M.
Key information
282.8%
Debt to equity ratio
₹11.45b
Debt
Interest coverage ratio | 5.5x |
Cash | ₹548.37m |
Equity | ₹4.05b |
Total liabilities | ₹17.34b |
Total assets | ₹21.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500307's short term assets (₹760.7M) do not cover its short term liabilities (₹2.3B).
Long Term Liabilities: 500307's short term assets (₹760.7M) do not cover its long term liabilities (₹15.1B).
Debt to Equity History and Analysis
Debt Level: 500307's net debt to equity ratio (269.3%) is considered high.
Reducing Debt: 500307's debt to equity ratio has increased from 175.7% to 282.8% over the past 5 years.
Debt Coverage: 500307's debt is well covered by operating cash flow (36.6%).
Interest Coverage: 500307's interest payments on its debt are well covered by EBIT (5.5x coverage).