Nettlinx Balance Sheet Health
Financial Health criteria checks 5/6
Nettlinx has a total shareholder equity of ₹587.4M and total debt of ₹146.1M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are ₹807.3M and ₹219.8M respectively. Nettlinx's EBIT is ₹114.4M making its interest coverage ratio 10.4. It has cash and short-term investments of ₹19.5M.
Key information
24.9%
Debt to equity ratio
₹146.07m
Debt
| Interest coverage ratio | 10.4x |
| Cash | ₹19.52m |
| Equity | ₹587.42m |
| Total liabilities | ₹219.83m |
| Total assets | ₹807.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511658's short term assets (₹326.7M) exceed its short term liabilities (₹210.2M).
Long Term Liabilities: 511658's short term assets (₹326.7M) exceed its long term liabilities (₹9.6M).
Debt to Equity History and Analysis
Debt Level: 511658's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: 511658's debt to equity ratio has reduced from 51.4% to 24.9% over the past 5 years.
Debt Coverage: 511658's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 511658's interest payments on its debt are well covered by EBIT (10.4x coverage).