Nila Spaces Balance Sheet Health
Financial Health criteria checks 5/6
Nilaces has a total shareholder equity of ₹1.3B and total debt of ₹10.9M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ₹2.3B and ₹1.0B respectively. Nilaces's EBIT is ₹158.4M making its interest coverage ratio 2. It has cash and short-term investments of ₹348.9M.
Key information
0.9%
Debt to equity ratio
₹10.88m
Debt
| Interest coverage ratio | 2x |
| Cash | ₹348.89m |
| Equity | ₹1.28b |
| Total liabilities | ₹1.02b |
| Total assets | ₹2.30b |
Recent financial health updates
Nila Spaces (NSE:NILASPACES) Takes On Some Risk With Its Use Of Debt
Feb 21
These 4 Measures Indicate That Nila Spaces (NSE:NILASPACES) Is Using Debt Extensively
Nov 08Recent updates
Nila Spaces Limited (NSE:NILASPACES) Surges 60% Yet Its Low P/S Is No Reason For Excitement
May 12Calculating 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 07
Financial Position Analysis
Short Term Liabilities: NILASPACES's short term assets (₹1.8B) exceed its short term liabilities (₹990.3M).
Long Term Liabilities: NILASPACES's short term assets (₹1.8B) exceed its long term liabilities (₹33.0M).
Debt to Equity History and Analysis
Debt Level: NILASPACES has more cash than its total debt.
Reducing Debt: NILASPACES's debt to equity ratio has reduced from 64.4% to 0.9% over the past 5 years.
Debt Coverage: NILASPACES's debt is well covered by operating cash flow (2632.2%).
Interest Coverage: NILASPACES's interest payments on its debt are not well covered by EBIT (2x coverage).