Nexus Select Trust Balance Sheet Health
Financial Health criteria checks 2/6
Nexus Select Trust has a total shareholder equity of ₹145.4B and total debt of ₹43.6B, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are ₹198.8B and ₹53.4B respectively. Nexus Select Trust's EBIT is ₹9.6B making its interest coverage ratio 2.6. It has cash and short-term investments of ₹143.0M.
Key information
30.0%
Debt to equity ratio
₹43.63b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₹143.03m |
| Equity | ₹145.43b |
| Total liabilities | ₹53.38b |
| Total assets | ₹198.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543913's short term assets (₹2.4B) do not cover its short term liabilities (₹11.7B).
Long Term Liabilities: 543913's short term assets (₹2.4B) do not cover its long term liabilities (₹41.6B).
Debt to Equity History and Analysis
Debt Level: 543913's net debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543913's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543913's debt is well covered by operating cash flow (32.9%).
Interest Coverage: 543913's interest payments on its debt are not well covered by EBIT (2.6x coverage).