Nesco Balance Sheet Health
Financial Health criteria checks 4/6
Nesco has a total shareholder equity of ₹21.0B and total debt of ₹3.3M, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are ₹24.5B and ₹3.6B respectively. Nesco's EBIT is ₹4.7B making its interest coverage ratio 31.2. It has cash and short-term investments of ₹203.3M.
Key information
0.02%
Debt to equity ratio
₹3.34m
Debt
Interest coverage ratio | 31.2x |
Cash | ₹203.33m |
Equity | ₹20.97b |
Total liabilities | ₹3.56b |
Total assets | ₹24.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505355's short term assets (₹1.5B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 505355's short term assets (₹1.5B) do not cover its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 505355 has more cash than its total debt.
Reducing Debt: 505355's debt to equity ratio has increased from 0% to 0.02% over the past 5 years.
Debt Coverage: 505355's debt is well covered by operating cash flow (100546.4%).
Interest Coverage: 505355's interest payments on its debt are well covered by EBIT (31.2x coverage).