Nitin Spinners Limited
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Nitin Spinners Limited's balance sheet done over the years? Its assets were worth $27,166,526,000 last year, which is more than in the previous period. 58% of Nitin Spinners Limited’s total assets is currently financed by debt. Its liabilities reached the amount of $15,703,244,000, which means an increase by 66% compared compared to last year.
Debt to Assets
| 2011 | 3812070000 | 2.94B | 77.35% |
|---|---|---|---|
| 2012 | 3472983000 | 2.60B | 75.05% |
| 2015 | 6098954000 | 4.42B | 72.62% |
| 2016 | 6350374000 | 4.29B | 67.62% |
| 2018 | 9285916000 | 5.11B | 55.11% |
| 2019 | 14362829000 | 9.53B | 66.4% |
| 2020 | 16452600000 | 11.51B | 69.97% |
| 2021 | 16763207000 | 11.12B | 66.39% |
| 2022 | 18243678000 | 9.48B | 51.99% |
| 2024 | 27166526000 | 15.70B | 57.8% |
NITINSPIN.NS Balance Sheet (2011 – 2023)
| 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 663K | 2.59M | 206K | 1.24M | 27.50M | 1.00M | 5.69M | 6.78M | 847K | 912K |
Short term investments | 5.10M | 26.72M | 17.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 3.21B | 3.45B | 1.67B | 2.12B | 1.82B | 881.00M | 709.17M | 404.19M | 0 | 0 |
Inventory | 5.63B | 4.06B | 3.54B | 2.64B | 2.27B | 2.05B | 1.14B | 941.89M | 771.24M | 818.38M |
Other current assets | 1.01B | 22.86M | 810.49M | 2.24B | 1.90B | 527.53M | 189.52M | 306.04M | 336.15M | 495.74M |
Total current assets | 9.86B | 7.54B | 6.03B | 4.89B | 4.21B | 3.46B | 2.05B | 1.65B | 1.10B | 1.31B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 17.10B | 10.10B | 10.60B | 11.38B | 9.91B | 5.73B | 3.98B | 4.16B | 2.31B | 2.49B |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 6.61M | 12.43M | 12.07M | 15.32M | 3.11M | 4.26M | 2.94M | 3.35M | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 | -494.53M | -20.64M | 0 | 0 | 0 |
Other non-current assets | 185.84M | 581.42M | 116.79M | -11.39B | 234.10M | 81.00M | 307.01M | 272.66M | 47.62M | 3K |
Total non-current assets | 17.29B | 10.70B | 10.72B | 11.56B | 10.15B | 5.82B | 4.29B | 4.44B | 2.36B | 2.49B |
Total assets | 27.16B | 18.24B | 16.76B | 16.45B | 14.36B | 9.28B | 6.35B | 6.09B | 3.47B | 3.81B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 38.92M | 471.46M | 229.35M | 188.07M | 157.45M | 107.05M | 61.39M | 60.47M | 0 | 0 |
Short term debt | 5.28B | 2.81B | 3.97B | 3.64B | 2.41B | 1.38B | 1.11B | 868.43M | 401.23M | 0 |
Total current liabilities | 6.41B | 4.11B | 4.75B | 4.24B | 2.93B | 1.75B | 1.39B | 1.10B | 758.63M | 109.08M |
| Non-current liabilities: | ||||||||||
Long term debt | 8.10B | 4.07B | 5.63B | 6.76B | 6.18B | 3.10B | 2.40B | 2.94B | 1.83B | 2.83B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 63.31M | -4.07B | -5.63B | -6.76B | 116.16M | 89.82M | 486.31M | 381.85M | 10.92M | 0 |
Total non-current liabilities | 9.28B | 5.37B | 6.37B | 7.26B | 6.60B | 3.36B | 2.89B | 3.32B | 1.84B | 2.83B |
Total liabilities | 15.70B | 9.48B | 11.12B | 11.51B | 9.53B | 5.11B | 4.29B | 4.42B | 2.60B | 2.94B |
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