Nirlon Financial Health
How is Nirlon's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 500307's short term assets (₹532.3M) do not cover its short term liabilities (₹2.0B).
Long Term Liabilities: 500307's short term assets (₹532.3M) do not cover its long term liabilities (₹14.9B).
Debt to Equity History and Analysis
Debt Level: 500307's net debt to equity ratio (255.9%) is considered high.
Reducing Debt: 500307's debt to equity ratio has increased from 45.3% to 264.1% over the past 5 years.
Debt Coverage: 500307's debt is well covered by operating cash flow (31.9%).
Interest Coverage: 500307's interest payments on its debt are well covered by EBIT (3.5x coverage).