Bharat Seats Balance Sheet Health
Financial Health criteria checks 3/6
Bharat Seats has a total shareholder equity of ₹1.8B and total debt of ₹945.2M, which brings its debt-to-equity ratio to 53.9%. Its total assets and total liabilities are ₹5.4B and ₹3.7B respectively. Bharat Seats's EBIT is ₹407.8M making its interest coverage ratio 5. It has cash and short-term investments of ₹3.0M.
Key information
53.9%
Debt to equity ratio
₹945.22m
Debt
| Interest coverage ratio | 5x |
| Cash | ₹2.98m |
| Equity | ₹1.75b |
| Total liabilities | ₹3.67b |
| Total assets | ₹5.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523229's short term assets (₹1.8B) do not cover its short term liabilities (₹2.3B).
Long Term Liabilities: 523229's short term assets (₹1.8B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 523229's net debt to equity ratio (53.7%) is considered high.
Reducing Debt: 523229's debt to equity ratio has increased from 31.9% to 53.9% over the past 5 years.
Debt Coverage: 523229's debt is well covered by operating cash flow (75.4%).
Interest Coverage: 523229's interest payments on its debt are well covered by EBIT (5x coverage).