Nila Spaces Balance Sheet Health
Financial Health criteria checks 6/6
Nilaces has a total shareholder equity of ₹1.1B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹2.5B and ₹1.4B respectively. Nilaces's EBIT is ₹6.0M making its interest coverage ratio 4.5. It has cash and short-term investments of ₹293.6M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 4.5x |
Cash | ₹293.58m |
Equity | ₹1.14b |
Total liabilities | ₹1.37b |
Total assets | ₹2.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542231's short term assets (₹2.1B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 542231's short term assets (₹2.1B) exceed its long term liabilities (₹25.6M).
Debt to Equity History and Analysis
Debt Level: 542231 is debt free.
Reducing Debt: 542231 has no debt compared to 5 years ago when its debt to equity ratio was 61%.
Debt Coverage: 542231 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 542231 has no debt, therefore coverage of interest payments is not a concern.