Nesco Balance Sheet Health
Financial Health criteria checks 4/6
Nesco has a total shareholder equity of ₹24.3B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹28.1B and ₹3.8B respectively. Nesco's EBIT is ₹5.1B making its interest coverage ratio 35.6. It has cash and short-term investments of ₹186.6M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 35.6x |
| Cash | ₹186.55m |
| Equity | ₹24.31b |
| Total liabilities | ₹3.79b |
| Total assets | ₹28.10b |
Recent financial health updates
No updates
Recent updates
There's No Escaping Nesco Limited's (NSE:NESCO) Muted Earnings
Oct 16
If EPS Growth Is Important To You, Nesco (NSE:NESCO) Presents An Opportunity
Sep 11Nesco's (NSE:NESCO) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 23Nesco's (NSE:NESCO) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 02Nesco's (NSE:NESCO) Earnings Seem To Be Promising
May 28Nesco's (NSE:NESCO) Shareholders Will Receive A Bigger Dividend Than Last Year
May 24Broker Revenue Forecasts For Nesco Limited (NSE:NESCO) Are Surging Higher
Aug 11Nesco (NSE:NESCO) Is Increasing Its Dividend To ₹4.50
Jul 15Upgrade: Analysts Just Made A Notable Increase To Their Nesco Limited (NSE:NESCO) Forecasts
Nov 19Nesco (NSE:NESCO) Has Announced A Dividend Of ₹3.00
Jul 15Financial Position Analysis
Short Term Liabilities: NESCO's short term assets (₹1.3B) do not cover its short term liabilities (₹1.7B).
Long Term Liabilities: NESCO's short term assets (₹1.3B) do not cover its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: NESCO is debt free.
Reducing Debt: NESCO had no debt 5 years ago.
Debt Coverage: NESCO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NESCO has no debt, therefore coverage of interest payments is not a concern.