Banco Products (India) Balance Sheet Health
Financial Health criteria checks 5/6
Banco Products (India) has a total shareholder equity of ₹10.5B and total debt of ₹4.2B, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are ₹20.3B and ₹9.8B respectively. Banco Products (India)'s EBIT is ₹3.8B making its interest coverage ratio 16.3. It has cash and short-term investments of ₹634.6M.
Key information
40.2%
Debt to equity ratio
₹4.23b
Debt
| Interest coverage ratio | 16.3x |
| Cash | ₹634.60m |
| Equity | ₹10.52b |
| Total liabilities | ₹9.76b |
| Total assets | ₹20.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500039's short term assets (₹15.1B) exceed its short term liabilities (₹6.7B).
Long Term Liabilities: 500039's short term assets (₹15.1B) exceed its long term liabilities (₹3.0B).
Debt to Equity History and Analysis
Debt Level: 500039's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: 500039's debt to equity ratio has increased from 4.7% to 40.2% over the past 5 years.
Debt Coverage: 500039's debt is well covered by operating cash flow (108.3%).
Interest Coverage: 500039's interest payments on its debt are well covered by EBIT (16.3x coverage).