Newtime Infrastructure Balance Sheet Health
Financial Health criteria checks 2/6
Newtime Infrastructure has a total shareholder equity of ₹206.3M and total debt of ₹478.5M, which brings its debt-to-equity ratio to 231.9%. Its total assets and total liabilities are ₹892.7M and ₹686.4M respectively. Newtime Infrastructure's EBIT is ₹43.5M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹42.9M.
Key information
231.9%
Debt to equity ratio
₹478.49m
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹42.91m |
| Equity | ₹206.34m |
| Total liabilities | ₹686.38m |
| Total assets | ₹892.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531959's short term assets (₹671.1M) exceed its short term liabilities (₹203.8M).
Long Term Liabilities: 531959's short term assets (₹671.1M) exceed its long term liabilities (₹482.6M).
Debt to Equity History and Analysis
Debt Level: 531959's net debt to equity ratio (211.1%) is considered high.
Reducing Debt: 531959's debt to equity ratio has increased from 227.8% to 231.9% over the past 5 years.
Debt Coverage: 531959's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531959's interest payments on its debt are not well covered by EBIT (1.1x coverage).