NLC India Balance Sheet Health
Financial Health criteria checks 4/6
NLC India has a total shareholder equity of ₹190.7B and total debt of ₹218.1B, which brings its debt-to-equity ratio to 114.4%. Its total assets and total liabilities are ₹530.1B and ₹339.4B respectively. NLC India's EBIT is ₹36.0B making its interest coverage ratio 13.3. It has cash and short-term investments of ₹9.9B.
Key information
114.4%
Debt to equity ratio
₹218.14b
Debt
| Interest coverage ratio | 13.3x |
| Cash | ₹9.85b |
| Equity | ₹190.72b |
| Total liabilities | ₹339.43b |
| Total assets | ₹530.15b |
Recent financial health updates
These 4 Measures Indicate That NLC India (NSE:NLCINDIA) Is Using Debt Reasonably Well
Nov 03
These 4 Measures Indicate That NLC India (NSE:NLCINDIA) Is Using Debt Extensively
Jun 30Is NLC India (NSE:NLCINDIA) A Risky Investment?
Jan 26Is NLC India (NSE:NLCINDIA) A Risky Investment?
Sep 07Does NLC India (NSE:NLCINDIA) Have A Healthy Balance Sheet?
Jun 07Does NLC India (NSE:NLCINDIA) Have A Healthy Balance Sheet?
Dec 30Recent updates
Here's Why We Think NLC India (NSE:NLCINDIA) Is Well Worth Watching
Mar 04One NLC India Limited (NSE:NLCINDIA) Analyst Is Reducing Their Forecasts For This Year
Feb 18NLC India Limited (NSE:NLCINDIA) Soars 26% But It's A Story Of Risk Vs Reward
Feb 07Return Trends At NLC India (NSE:NLCINDIA) Aren't Appealing
Feb 04A Piece Of The Puzzle Missing From NLC India Limited's (NSE:NLCINDIA) Share Price
Dec 19Do NLC India's (NSE:NLCINDIA) Earnings Warrant Your Attention?
Nov 19These 4 Measures Indicate That NLC India (NSE:NLCINDIA) Is Using Debt Reasonably Well
Nov 03NLC India (NSE:NLCINDIA) Has Some Way To Go To Become A Multi-Bagger
Aug 09These 4 Measures Indicate That NLC India (NSE:NLCINDIA) Is Using Debt Extensively
Jun 30NLC India (NSE:NLCINDIA) Will Want To Turn Around Its Return Trends
May 05Is NLC India (NSE:NLCINDIA) A Risky Investment?
Jan 26NLC India (NSE:NLCINDIA) Will Want To Turn Around Its Return Trends
Jan 03Is NLC India (NSE:NLCINDIA) A Risky Investment?
Sep 07NLC India (NSE:NLCINDIA) Will Want To Turn Around Its Return Trends
Aug 04Does NLC India (NSE:NLCINDIA) Have A Healthy Balance Sheet?
Jun 07Be Wary Of NLC India (NSE:NLCINDIA) And Its Returns On Capital
Mar 06Does NLC India (NSE:NLCINDIA) Have A Healthy Balance Sheet?
Dec 30NLC India's (NSE:NLCINDIA) Performance Is Even Better Than Its Earnings Suggest
Nov 18Here's Why NLC India (NSE:NLCINDIA) Is Weighed Down By Its Debt Load
Sep 28Here's What's Concerning About NLC India's (NSE:NLCINDIA) Returns On Capital
Aug 18Returns On Capital At NLC India (NSE:NLCINDIA) Have Hit The Brakes
May 07Is NLC India (NSE:NLCINDIA) A Risky Investment?
Feb 23Is There More Growth In Store For NLC India's (NSE:NLCINDIA) Returns On Capital?
Jan 28Would Shareholders Who Purchased NLC India's (NSE:NLCINDIA) Stock Three Years Be Happy With The Share price Today?
Dec 24NLC India (NSE:NLCINDIA) Use Of Debt Could Be Considered Risky
Nov 18
Returns On Capital - An Important Metric For NLC India (NSE:NLCINDIA)
Oct 05Financial Position Analysis
Short Term Liabilities: NLCINDIA's short term assets (₹89.5B) exceed its short term liabilities (₹68.3B).
Long Term Liabilities: NLCINDIA's short term assets (₹89.5B) do not cover its long term liabilities (₹271.2B).
Debt to Equity History and Analysis
Debt Level: NLCINDIA's net debt to equity ratio (109.2%) is considered high.
Reducing Debt: NLCINDIA's debt to equity ratio has reduced from 135% to 114.4% over the past 5 years.
Debt Coverage: NLCINDIA's debt is well covered by operating cash flow (22.4%).
Interest Coverage: NLCINDIA's interest payments on its debt are well covered by EBIT (13.3x coverage).