Navkar Balance Sheet Health
Financial Health criteria checks 5/6
Navkar has a total shareholder equity of ₹19.7B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are ₹22.3B and ₹2.5B respectively. Navkar's EBIT is ₹260.3M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹54.3M.
Key information
10.8%
Debt to equity ratio
₹2.14b
Debt
Interest coverage ratio | 1.9x |
Cash | ₹54.34m |
Equity | ₹19.75b |
Total liabilities | ₹2.53b |
Total assets | ₹22.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539332's short term assets (₹2.3B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 539332's short term assets (₹2.3B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 539332's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: 539332's debt to equity ratio has reduced from 28.3% to 10.8% over the past 5 years.
Debt Coverage: 539332's debt is well covered by operating cash flow (29%).
Interest Coverage: 539332's interest payments on its debt are not well covered by EBIT (1.9x coverage).