Netweb Technologies India Balance Sheet Health
Financial Health criteria checks 6/6
Netweb Technologies India has a total shareholder equity of ₹4.2B and total debt of ₹95.7M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ₹6.1B and ₹1.9B respectively. Netweb Technologies India's EBIT is ₹1.1B making its interest coverage ratio 17.7. It has cash and short-term investments of ₹2.2B.
Key information
2.3%
Debt to equity ratio
₹95.73m
Debt
| Interest coverage ratio | 17.7x |
| Cash | ₹2.22b |
| Equity | ₹4.23b |
| Total liabilities | ₹1.90b |
| Total assets | ₹6.12b |
Recent financial health updates
Recent updates
Does Netweb Technologies India (NSE:NETWEB) Deserve A Spot On Your Watchlist?
Aug 21
Revenue Beat: Netweb Technologies India Limited Beat Analyst Estimates By 13%
Jul 24Investors Appear Satisfied With Netweb Technologies India Limited's (NSE:NETWEB) Prospects As Shares Rocket 27%
May 14We Think You Should Be Aware Of Some Concerning Factors In Netweb Technologies India's (NSE:NETWEB) Earnings
May 09We Think Netweb Technologies India (NSE:NETWEB) Can Stay On Top Of Its Debt
Mar 01Why Investors Shouldn't Be Surprised By Netweb Technologies India Limited's (NSE:NETWEB) P/S
Jan 26Financial Position Analysis
Short Term Liabilities: NETWEB's short term assets (₹5.6B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: NETWEB's short term assets (₹5.6B) exceed its long term liabilities (₹107.5M).
Debt to Equity History and Analysis
Debt Level: NETWEB has more cash than its total debt.
Reducing Debt: NETWEB's debt to equity ratio has reduced from 108% to 2.3% over the past 5 years.
Debt Coverage: NETWEB's debt is well covered by operating cash flow (191.9%).
Interest Coverage: NETWEB's interest payments on its debt are well covered by EBIT (17.7x coverage).