Nitiraj Engineers Balance Sheet Health
Financial Health criteria checks 6/6
Nitiraj Engineers has a total shareholder equity of ₹765.2M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹870.2M and ₹105.0M respectively. Nitiraj Engineers's EBIT is ₹101.1M making its interest coverage ratio -371.5. It has cash and short-term investments of ₹51.4M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -371.5x |
| Cash | ₹51.44m |
| Equity | ₹765.18m |
| Total liabilities | ₹105.01m |
| Total assets | ₹870.19m |
Recent financial health updates
No updates
Recent updates
Increases to CEO Compensation Might Be Put On Hold For Now at Nitiraj Engineers Limited (NSE:NITIRAJ)
Sep 18
Nitiraj Engineers Limited (NSE:NITIRAJ) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Aug 24Nitiraj Engineers Limited's (NSE:NITIRAJ) 27% Share Price Surge Not Quite Adding Up
Jun 12It's Unlikely That Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Will See A Huge Pay Rise This Year
Sep 19Shareholders May Not Be So Generous With Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Compensation And Here's Why
Sep 23How Much Is Nitiraj Engineers' (NSE:NITIRAJ) CEO Getting Paid?
Feb 22Nitiraj Engineers Limited's (NSE:NITIRAJ) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Jan 02
Insider Buying: The Nitiraj Engineers Limited (NSE:NITIRAJ) Chairman & MD Just Bought ₹1.7m Worth Of Shares
Dec 07Here's What We Think About Nitiraj Engineers' (NSE:NITIRAJ) CEO Pay
Nov 24Financial Position Analysis
Short Term Liabilities: NITIRAJ's short term assets (₹411.2M) exceed its short term liabilities (₹86.5M).
Long Term Liabilities: NITIRAJ's short term assets (₹411.2M) exceed its long term liabilities (₹18.5M).
Debt to Equity History and Analysis
Debt Level: NITIRAJ is debt free.
Reducing Debt: NITIRAJ has no debt compared to 5 years ago when its debt to equity ratio was 8.6%.
Debt Coverage: NITIRAJ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NITIRAJ has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 14:03 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Nitiraj Engineers Limited is covered by 0 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 |
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