Naksh Precious Metals Balance Sheet Health
Financial Health criteria checks 6/6
Naksh Precious Metals has a total shareholder equity of ₹62.1M and total debt of ₹1.3M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ₹64.1M and ₹2.0M respectively. Naksh Precious Metals's EBIT is ₹2.0M making its interest coverage ratio 170. It has cash and short-term investments of ₹2.8M.
Key information
2.1%
Debt to equity ratio
₹1.28m
Debt
| Interest coverage ratio | 170x |
| Cash | ₹2.80m |
| Equity | ₹62.14m |
| Total liabilities | ₹1.97m |
| Total assets | ₹64.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539402's short term assets (₹56.7M) exceed its short term liabilities (₹1.8M).
Long Term Liabilities: 539402's short term assets (₹56.7M) exceed its long term liabilities (₹166.0K).
Debt to Equity History and Analysis
Debt Level: 539402 has more cash than its total debt.
Reducing Debt: 539402's debt to equity ratio has reduced from 55.6% to 2.1% over the past 5 years.
Debt Coverage: 539402's debt is well covered by operating cash flow (1065.9%).
Interest Coverage: 539402's interest payments on its debt are well covered by EBIT (170x coverage).