Neo Infracon Balance Sheet Health
Financial Health criteria checks 4/6
Neo Infracon has a total shareholder equity of ₹60.8M and total debt of ₹131.4M, which brings its debt-to-equity ratio to 216.3%. Its total assets and total liabilities are ₹304.4M and ₹243.7M respectively. Neo Infracon's EBIT is ₹9.9M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹1.2M.
Key information
216.3%
Debt to equity ratio
₹131.41m
Debt
Interest coverage ratio | 1.8x |
Cash | ₹1.16m |
Equity | ₹60.76m |
Total liabilities | ₹243.67m |
Total assets | ₹304.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514332's short term assets (₹251.1M) exceed its short term liabilities (₹178.8M).
Long Term Liabilities: 514332's short term assets (₹251.1M) exceed its long term liabilities (₹64.9M).
Debt to Equity History and Analysis
Debt Level: 514332's net debt to equity ratio (214.4%) is considered high.
Reducing Debt: 514332's debt to equity ratio has reduced from 1025.4% to 216.3% over the past 5 years.
Debt Coverage: 514332's debt is well covered by operating cash flow (20.3%).
Interest Coverage: 514332's interest payments on its debt are not well covered by EBIT (1.8x coverage).