Bharat Seats Balance Sheet Health
Financial Health criteria checks 3/6
Bharat Seats has a total shareholder equity of ₹1.5B and total debt of ₹657.3M, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are ₹3.6B and ₹2.1B respectively. Bharat Seats's EBIT is ₹360.3M making its interest coverage ratio 5.1. It has cash and short-term investments of ₹10.3M.
Key information
44.9%
Debt to equity ratio
₹657.29m
Debt
Interest coverage ratio | 5.1x |
Cash | ₹10.30m |
Equity | ₹1.46b |
Total liabilities | ₹2.11b |
Total assets | ₹3.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523229's short term assets (₹1.3B) do not cover its short term liabilities (₹1.7B).
Long Term Liabilities: 523229's short term assets (₹1.3B) exceed its long term liabilities (₹445.5M).
Debt to Equity History and Analysis
Debt Level: 523229's net debt to equity ratio (44.2%) is considered high.
Reducing Debt: 523229's debt to equity ratio has increased from 29.3% to 44.9% over the past 5 years.
Debt Coverage: 523229's debt is well covered by operating cash flow (64.7%).
Interest Coverage: 523229's interest payments on its debt are well covered by EBIT (5.1x coverage).