Modi's Navnirman Balance Sheet Health
Financial Health criteria checks 4/6
Modi's Navnirman has a total shareholder equity of ₹854.7M and total debt of ₹57.9M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are ₹1.1B and ₹272.2M respectively. Modi's Navnirman's EBIT is ₹91.0M making its interest coverage ratio 231. It has cash and short-term investments of ₹76.7M.
Key information
6.8%
Debt to equity ratio
₹57.87m
Debt
Interest coverage ratio | 231x |
Cash | ₹76.68m |
Equity | ₹854.75m |
Total liabilities | ₹272.15m |
Total assets | ₹1.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543539's short term assets (₹960.8M) exceed its short term liabilities (₹214.3M).
Long Term Liabilities: 543539's short term assets (₹960.8M) exceed its long term liabilities (₹57.9M).
Debt to Equity History and Analysis
Debt Level: 543539 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 543539's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543539's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543539's interest payments on its debt are well covered by EBIT (231x coverage).