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 ₹4.0B, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are ₹19.5B and ₹9.0B respectively. Banco Products (India)'s EBIT is ₹3.4B making its interest coverage ratio 20.3. It has cash and short-term investments of ₹2.1B.
Key information
38.1%
Debt to equity ratio
₹3.99b
Debt
Interest coverage ratio | 20.3x |
Cash | ₹2.08b |
Equity | ₹10.47b |
Total liabilities | ₹9.02b |
Total assets | ₹19.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500039's short term assets (₹15.0B) exceed its short term liabilities (₹7.0B).
Long Term Liabilities: 500039's short term assets (₹15.0B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 500039's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: 500039's debt to equity ratio has increased from 6.8% to 38.1% over the past 5 years.
Debt Coverage: 500039's debt is well covered by operating cash flow (89.4%).
Interest Coverage: 500039's interest payments on its debt are well covered by EBIT (20.3x coverage).