Nelco Balance Sheet Health
Financial Health criteria checks 6/6
Nelco has a total shareholder equity of ₹1.3B and total debt of ₹509.3M, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are ₹2.8B and ₹1.6B respectively. Nelco's EBIT is ₹295.3M making its interest coverage ratio 5.5. It has cash and short-term investments of ₹111.9M.
Key information
40.1%
Debt to equity ratio
₹509.30m
Debt
| Interest coverage ratio | 5.5x |
| Cash | ₹111.90m |
| Equity | ₹1.27b |
| Total liabilities | ₹1.56b |
| Total assets | ₹2.83b |
Recent financial health updates
Nelco (NSE:NELCO) Has A Pretty Healthy Balance Sheet
Oct 23
We Think Nelco (NSE:NELCO) Can Manage Its Debt With Ease
Oct 24Does Nelco (NSE:NELCO) Have A Healthy Balance Sheet?
May 29Nelco (NSE:NELCO) Seems To Use Debt Quite Sensibly
Feb 24Does Nelco (NSE:NELCO) Have A Healthy Balance Sheet?
Nov 17We Think Nelco (NSE:NELCO) Is Taking Some Risk With Its Debt
Mar 15Recent updates
Subdued Growth No Barrier To Nelco Limited (NSE:NELCO) With Shares Advancing 33%
Dec 03Nelco (NSE:NELCO) Has A Pretty Healthy Balance Sheet
Oct 23Many Would Be Envious Of Nelco's (NSE:NELCO) Excellent Returns On Capital
Sep 21Nelco Limited's (NSE:NELCO) 44% Share Price Surge Not Quite Adding Up
Aug 22Revenues Not Telling The Story For Nelco Limited (NSE:NELCO) After Shares Rise 27%
Jul 05Increases to Nelco Limited's (NSE:NELCO) CEO Compensation Might Cool off for now
Jun 19Nelco's (NSE:NELCO) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 05Getting In Cheap On Nelco Limited (NSE:NELCO) Is Unlikely
Mar 15We Think Nelco (NSE:NELCO) Can Manage Its Debt With Ease
Oct 24Nelco (NSE:NELCO) Might Be Having Difficulty Using Its Capital Effectively
Feb 25Nelco (NSE:NELCO) Is Reinvesting At Lower Rates Of Return
Aug 19Does Nelco (NSE:NELCO) Have A Healthy Balance Sheet?
May 29Nelco (NSE:NELCO) Is Reinvesting At Lower Rates Of Return
May 02Nelco (NSE:NELCO) Seems To Use Debt Quite Sensibly
Feb 24Returns On Capital Signal Tricky Times Ahead For Nelco (NSE:NELCO)
Jan 11Does Nelco (NSE:NELCO) Have A Healthy Balance Sheet?
Nov 17Capital Allocation Trends At Nelco (NSE:NELCO) Aren't Ideal
Aug 11Increases to Nelco Limited's (NSE:NELCO) CEO Compensation Might Cool off for now
Jun 16Nelco Limited's (NSE:NELCO) 0.6% Dividend Yield Looks Pretty Interesting
May 07We Think Nelco (NSE:NELCO) Might Have The DNA Of A Multi-Bagger
Mar 30We Think Nelco (NSE:NELCO) Is Taking Some Risk With Its Debt
Mar 15How Much Is Nelco Limited (NSE:NELCO) Paying Its CEO?
Feb 22Is Nelco's (NSE:NELCO) 120% Share Price Increase Well Justified?
Jan 31Are Robust Financials Driving The Recent Rally In Nelco Limited's (NSE:NELCO) Stock?
Jan 16Why Dividend Hunters Love Nelco Limited (NSE:NELCO)
Jan 02Nelco (NSE:NELCO): Are Investors Overlooking Returns On Capital?
Dec 20
Nelco (NSE:NELCO) Has A Somewhat Strained Balance Sheet
Dec 07How Much Did Nelco's (NSE:NELCO) CEO Pocket Last Year?
Nov 24We Think Nelco's (NSE:NELCO) Statutory Profit Might Understate Its Earnings Potential
Nov 11The Nelco (NSE:NELCO) Share Price Is Up 176% And Shareholders Are Boasting About It
Oct 29Why Nelco Limited (NSE:NELCO) Looks Like A Quality Company
Oct 11Is Nelco Limited (NSE:NELCO) A Good Fit For Your Dividend Portfolio?
Sep 23These Trends Paint A Bright Future For Nelco (NSE:NELCO)
Sep 08Here's Why Nelco (NSE:NELCO) Has A Meaningful Debt Burden
Aug 25Does Nelco's (NSE:NELCO) CEO Salary Compare Well With Industry Peers?
Aug 09Financial Position Analysis
Short Term Liabilities: NELCO's short term assets (₹1.5B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: NELCO's short term assets (₹1.5B) exceed its long term liabilities (₹172.5M).
Debt to Equity History and Analysis
Debt Level: NELCO's net debt to equity ratio (31.3%) is considered satisfactory.
Reducing Debt: NELCO's debt to equity ratio has reduced from 179.1% to 40.1% over the past 5 years.
Debt Coverage: NELCO's debt is well covered by operating cash flow (82.1%).
Interest Coverage: NELCO's interest payments on its debt are well covered by EBIT (5.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/25 21:22 |
| End of Day Share Price | 2025/01/24 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nelco Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kameswari V. S. Chavali | FirstCall Research |