Narendra Properties Balance Sheet Health
Financial Health criteria checks 6/6
Narendra Properties has a total shareholder equity of ₹424.0M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹448.3M and ₹24.3M respectively. Narendra Properties's EBIT is ₹40.0M making its interest coverage ratio 32.1. It has cash and short-term investments of ₹41.3M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 32.1x |
Cash | ₹41.32m |
Equity | ₹423.98m |
Total liabilities | ₹24.31m |
Total assets | ₹448.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531416's short term assets (₹347.7M) exceed its short term liabilities (₹24.3M).
Long Term Liabilities: 531416 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 531416 is debt free.
Reducing Debt: 531416 has no debt compared to 5 years ago when its debt to equity ratio was 28.3%.
Debt Coverage: 531416 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 531416 has no debt, therefore coverage of interest payments is not a concern.