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
Nila Spaces (NSE:NILASPACES) Takes On Some Risk With Its Use Of Debt
Feb 21These 4 Measures Indicate That Nila Spaces (NSE:NILASPACES) Is Using Debt Extensively
Nov 08Recent updates
Calculating The Intrinsic Value Of Nila Spaces Limited (NSE:NILASPACES)
Dec 06Nila Spaces (NSE:NILASPACES) Takes On Some Risk With Its Use Of Debt
Feb 21These 4 Measures Indicate That Nila Spaces (NSE:NILASPACES) Is Using Debt Extensively
Nov 08Getting In Cheap On Nila Spaces Limited (NSE:NILASPACES) Is Unlikely
Jul 07Financial Position Analysis
Short Term Liabilities: NILASPACES's short term assets (₹2.1B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: NILASPACES's short term assets (₹2.1B) exceed its long term liabilities (₹25.6M).
Debt to Equity History and Analysis
Debt Level: NILASPACES is debt free.
Reducing Debt: NILASPACES has no debt compared to 5 years ago when its debt to equity ratio was 61%.
Debt Coverage: NILASPACES has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NILASPACES has no debt, therefore coverage of interest payments is not a concern.