Balkrishna Industries Balance Sheet Health
Financial Health criteria checks 5/6
Balkrishna Industries has a total shareholder equity of ₹82.3B and total debt of ₹29.2B, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are ₹125.7B and ₹43.5B respectively. Balkrishna Industries's EBIT is ₹14.3B making its interest coverage ratio 26.6. It has cash and short-term investments of ₹10.2B.
Key information
35.5%
Debt to equity ratio
₹29.16b
Debt
Interest coverage ratio | 26.6x |
Cash | ₹10.24b |
Equity | ₹82.25b |
Total liabilities | ₹43.50b |
Total assets | ₹125.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502355's short term assets (₹37.7B) exceed its short term liabilities (₹30.6B).
Long Term Liabilities: 502355's short term assets (₹37.7B) exceed its long term liabilities (₹12.9B).
Debt to Equity History and Analysis
Debt Level: 502355's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: 502355's debt to equity ratio has increased from 19.3% to 35.5% over the past 5 years.
Debt Coverage: 502355's debt is well covered by operating cash flow (76.8%).
Interest Coverage: 502355's interest payments on its debt are well covered by EBIT (26.6x coverage).