NLC India Balance Sheet Health
Financial Health criteria checks 4/6
NLC India has a total shareholder equity of ₹193.7B and total debt of ₹224.2B, which brings its debt-to-equity ratio to 115.7%. Its total assets and total liabilities are ₹549.4B and ₹355.8B respectively. NLC India's EBIT is ₹27.3B making its interest coverage ratio 3.4. It has cash and short-term investments of ₹7.5B.
Key information
115.7%
Debt to equity ratio
₹224.15b
Debt
Interest coverage ratio | 3.4x |
Cash | ₹7.46b |
Equity | ₹193.66b |
Total liabilities | ₹355.76b |
Total assets | ₹549.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513683's short term assets (₹93.3B) exceed its short term liabilities (₹80.5B).
Long Term Liabilities: 513683's short term assets (₹93.3B) do not cover its long term liabilities (₹275.3B).
Debt to Equity History and Analysis
Debt Level: 513683's net debt to equity ratio (111.9%) is considered high.
Reducing Debt: 513683's debt to equity ratio has reduced from 148.5% to 115.7% over the past 5 years.
Debt Coverage: 513683's debt is well covered by operating cash flow (25.1%).
Interest Coverage: 513683's interest payments on its debt are well covered by EBIT (3.4x coverage).