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
Is Navkar (NSE:NAVKARCORP) A Risky Investment?
Jan 10
We Think Navkar (NSE:NAVKARCORP) Can Stay On Top Of Its Debt
Aug 05Does Navkar (NSE:NAVKARCORP) Have A Healthy Balance Sheet?
Dec 27Here's Why Navkar (NSE:NAVKARCORP) Has A Meaningful Debt Burden
Sep 24Here's Why Navkar (NSE:NAVKARCORP) Has A Meaningful Debt Burden
May 24Navkar (NSE:NAVKARCORP) Takes On Some Risk With Its Use Of Debt
Dec 21Recent updates
Benign Growth For Navkar Corporation Limited (NSE:NAVKARCORP) Underpins Stock's 28% Plummet
Mar 14Is Navkar (NSE:NAVKARCORP) A Risky Investment?
Jan 10Even With A 65% Surge, Cautious Investors Are Not Rewarding Navkar Corporation Limited's (NSE:NAVKARCORP) Performance Completely
Dec 23We Think Navkar (NSE:NAVKARCORP) Can Stay On Top Of Its Debt
Aug 05If EPS Growth Is Important To You, Navkar (NSE:NAVKARCORP) Presents An Opportunity
May 27Does Navkar (NSE:NAVKARCORP) Have A Healthy Balance Sheet?
Dec 27Downgrade: Here's How This Analyst Sees Navkar Corporation Limited (NSE:NAVKARCORP) Performing In The Near Term
Nov 17Here's Why Navkar (NSE:NAVKARCORP) Has A Meaningful Debt Burden
Sep 24Return Trends At Navkar (NSE:NAVKARCORP) Aren't Appealing
Jul 17Here's Why We Think Navkar (NSE:NAVKARCORP) Might Deserve Your Attention Today
Jun 29Here's Why Navkar (NSE:NAVKARCORP) Has A Meaningful Debt Burden
May 24Navkar (NSE:NAVKARCORP) Has Some Way To Go To Become A Multi-Bagger
Apr 06Navkar (NSE:NAVKARCORP) Takes On Some Risk With Its Use Of Debt
Dec 21Navkar (NSE:NAVKARCORP) Will Want To Turn Around Its Return Trends
Nov 08Navkar (NSE:NAVKARCORP) Has A Somewhat Strained Balance Sheet
Jul 12Capital Allocation Trends At Navkar (NSE:NAVKARCORP) Aren't Ideal
Jun 02Here's Why Navkar (NSE:NAVKARCORP) Is Weighed Down By Its Debt Load
Mar 22Returns On Capital At Navkar (NSE:NAVKARCORP) Paint An Interesting Picture
Feb 21What Type Of Returns Would Navkar's(NSE:NAVKARCORP) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Jan 24Navkar (NSE:NAVKARCORP) Use Of Debt Could Be Considered Risky
Dec 18We're Watching These Trends At Navkar (NSE:NAVKARCORP)
Nov 21
If You Had Bought Navkar's (NSE:NAVKARCORP) Shares Three Years Ago You Would Be Down 87%
Oct 25Some Confidence Is Lacking In Navkar Corporation Limited's (NSE:NAVKARCORP) P/E
Sep 20These 4 Measures Indicate That Navkar (NSE:NAVKARCORP) Is Using Debt Extensively
Aug 24Should We Be Excited About The Trends Of Returns At Navkar (NSE:NAVKARCORP)?
Jul 27Financial Position Analysis
Short Term Liabilities: NAVKARCORP's short term assets (₹2.3B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: NAVKARCORP's short term assets (₹2.3B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: NAVKARCORP's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: NAVKARCORP's debt to equity ratio has reduced from 28.3% to 10.8% over the past 5 years.
Debt Coverage: NAVKARCORP's debt is well covered by operating cash flow (29%).
Interest Coverage: NAVKARCORP's interest payments on its debt are not well covered by EBIT (1.9x coverage).