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
We Think Balkrishna Industries (NSE:BALKRISIND) Can Stay On Top Of Its Debt
Dec 24
Balkrishna Industries (NSE:BALKRISIND) Takes On Some Risk With Its Use Of Debt
Sep 20Is Balkrishna Industries (NSE:BALKRISIND) Using Too Much Debt?
Mar 28Is Balkrishna Industries (NSE:BALKRISIND) Using Too Much Debt?
Dec 26Is Balkrishna Industries (NSE:BALKRISIND) Using Too Much Debt?
Jul 13Is Balkrishna Industries (NSE:BALKRISIND) A Risky Investment?
Feb 28Recent updates
It's A Story Of Risk Vs Reward With Balkrishna Industries Limited (NSE:BALKRISIND)
Feb 29Balkrishna Industries Limited Just Missed Earnings - But Analysts Have Updated Their Models
Jan 27We Think Balkrishna Industries (NSE:BALKRISIND) Can Stay On Top Of Its Debt
Dec 24Capital Allocation Trends At Balkrishna Industries (NSE:BALKRISIND) Aren't Ideal
Nov 16Balkrishna Industries (NSE:BALKRISIND) Takes On Some Risk With Its Use Of Debt
Sep 20Here's What's Concerning About Balkrishna Industries' (NSE:BALKRISIND) Returns On Capital
Jun 18Is Balkrishna Industries (NSE:BALKRISIND) Using Too Much Debt?
Mar 28Some Investors May Be Worried About Balkrishna Industries' (NSE:BALKRISIND) Returns On Capital
Mar 10Is Balkrishna Industries (NSE:BALKRISIND) Using Too Much Debt?
Dec 26There Are Reasons To Feel Uneasy About Balkrishna Industries' (NSE:BALKRISIND) Returns On Capital
Dec 05Returns On Capital At Balkrishna Industries (NSE:BALKRISIND) Have Hit The Brakes
Aug 25Balkrishna Industries' (NSE:BALKRISIND) Dividend Will Be ₹4.00
Aug 07Is Balkrishna Industries (NSE:BALKRISIND) Using Too Much Debt?
Jul 13Here's Why We Think Balkrishna Industries (NSE:BALKRISIND) Might Deserve Your Attention Today
Jun 25Balkrishna Industries' (NSE:BALKRISIND) Dividend Is Being Reduced To ₹4.00
Jun 10Broker Revenue Forecasts For Balkrishna Industries Limited (NSE:BALKRISIND) Are Surging Higher
May 19Balkrishna Industries (NSE:BALKRISIND) Could Become A Multi-Bagger
May 10Here's Why We Think Balkrishna Industries (NSE:BALKRISIND) Is Well Worth Watching
Mar 16Is Balkrishna Industries (NSE:BALKRISIND) A Risky Investment?
Feb 28Investors Should Be Encouraged By Balkrishna Industries' (NSE:BALKRISIND) Returns On Capital
Jan 27Here's Why I Think Balkrishna Industries (NSE:BALKRISIND) Might Deserve Your Attention Today
Dec 06Balkrishna Industries' (NSE:BALKRISIND) Promising Earnings May Rest On Soft Foundations
Nov 18We Think Balkrishna Industries (NSE:BALKRISIND) Can Stay On Top Of Its Debt
Nov 16Investors Should Be Encouraged By Balkrishna Industries' (NSE:BALKRISIND) Returns On Capital
Sep 15Here's Why I Think Balkrishna Industries (NSE:BALKRISIND) Might Deserve Your Attention Today
Aug 28Balkrishna Industries' (NSE:BALKRISIND) Upcoming Dividend Will Be Larger Than Last Year's
Aug 10These 4 Measures Indicate That Balkrishna Industries (NSE:BALKRISIND) Is Using Debt Reasonably Well
Aug 07Shareholders Will Probably Hold Off On Increasing Balkrishna Industries Limited's (NSE:BALKRISIND) CEO Compensation For The Time Being
Jun 23Balkrishna Industries (NSE:BALKRISIND) Is Very Good At Capital Allocation
May 17Here's Why I Think Balkrishna Industries (NSE:BALKRISIND) Is An Interesting Stock
Apr 29Is Balkrishna Industries (NSE:BALKRISIND) Using Too Much Debt?
Mar 10Could The Market Be Wrong About Balkrishna Industries Limited (NSE:BALKRISIND) Given Its Attractive Financial Prospects?
Feb 23Should Income Investors Look At Balkrishna Industries Limited (NSE:BALKRISIND) Before Its Ex-Dividend?
Feb 10What We Make Of Balkrishna Industries' (NSE:BALKRISIND) Returns On Capital
Feb 02Here's Why We Think Balkrishna Industries (NSE:BALKRISIND) Is Well Worth Watching
Jan 15
Shareholders of Balkrishna Industries (NSE:BALKRISIND) Must Be Delighted With Their 403% Total Return
Dec 28What You Need To Know About Balkrishna Industries Limited's (NSE:BALKRISIND) Investor Composition
Dec 13We Think Balkrishna Industries (NSE:BALKRISIND) Can Stay On Top Of Its Debt
Nov 28Balkrishna Industries Limited Beat Revenue Forecasts By 14%: Here's What Analysts Are Forecasting Next
Nov 10Balkrishna Industries Limited (NSE:BALKRISIND) Will Pay A ₹4.00 Dividend In One Day
Nov 09What Can The Trends At Balkrishna Industries (NSE:BALKRISIND) Tell Us About Their Returns?
Oct 27Are Robust Financials Driving The Recent Rally In Balkrishna Industries Limited's (NSE:BALKRISIND) Stock?
Oct 06Financial Position Analysis
Short Term Liabilities: BALKRISIND's short term assets (₹37.7B) exceed its short term liabilities (₹30.6B).
Long Term Liabilities: BALKRISIND's short term assets (₹37.7B) exceed its long term liabilities (₹12.9B).
Debt to Equity History and Analysis
Debt Level: BALKRISIND's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: BALKRISIND's debt to equity ratio has increased from 19.3% to 35.5% over the past 5 years.
Debt Coverage: BALKRISIND's debt is well covered by operating cash flow (76.8%).
Interest Coverage: BALKRISIND's interest payments on its debt are well covered by EBIT (26.6x coverage).