Nettlinx Balance Sheet Health
Financial Health criteria checks 5/6
Nettlinx has a total shareholder equity of ₹511.2M and total debt of ₹130.4M, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are ₹728.2M and ₹217.0M respectively. Nettlinx's EBIT is ₹64.4M making its interest coverage ratio 6.5. It has cash and short-term investments of ₹9.0M.
Key information
25.5%
Debt to equity ratio
₹130.42m
Debt
Interest coverage ratio | 6.5x |
Cash | ₹9.02m |
Equity | ₹511.20m |
Total liabilities | ₹217.01m |
Total assets | ₹728.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511658's short term assets (₹269.0M) exceed its short term liabilities (₹113.9M).
Long Term Liabilities: 511658's short term assets (₹269.0M) exceed its long term liabilities (₹103.1M).
Debt to Equity History and Analysis
Debt Level: 511658's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: 511658's debt to equity ratio has reduced from 46.7% to 25.5% over the past 5 years.
Debt Coverage: 511658's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 511658's interest payments on its debt are well covered by EBIT (6.5x coverage).