Banco Products (India) Balance Sheet Health
Financial Health criteria checks 5/6
Banco Products (India) has a total shareholder equity of ₹12.7B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are ₹23.4B and ₹10.7B respectively. Banco Products (India)'s EBIT is ₹4.6B making its interest coverage ratio 31.6. It has cash and short-term investments of ₹798.7M.
Key information
18.4%
Debt to equity ratio
₹2.34b
Debt
| Interest coverage ratio | 31.6x |
| Cash | ₹798.70m |
| Equity | ₹12.74b |
| Total liabilities | ₹10.68b |
| Total assets | ₹23.42b |
Recent financial health updates
Is Banco Products (India) (NSE:BANCOINDIA) A Risky Investment?
Jun 26
These 4 Measures Indicate That Banco Products (India) (NSE:BANCOINDIA) Is Using Debt Reasonably Well
Mar 13Here's Why Banco Products (India) (NSE:BANCOINDIA) Can Manage Its Debt Responsibly
Aug 09Banco Products (India) (NSE:BANCOINDIA) Seems To Use Debt Quite Sensibly
Aug 18Banco Products (India) (NSE:BANCOINDIA) Has A Rock Solid Balance Sheet
Aug 10Recent updates
Banco Products (India) Limited (NSE:BANCOINDIA) Surges 39% Yet Its Low P/E Is No Reason For Excitement
Nov 19Investors Shouldn't Overlook Banco Products (India)'s (NSE:BANCOINDIA) Impressive Returns On Capital
Oct 23Calculating The Fair Value Of Banco Products (India) Limited (NSE:BANCOINDIA)
Oct 02Is Banco Products (India) (NSE:BANCOINDIA) A Risky Investment?
Jun 26These 4 Measures Indicate That Banco Products (India) (NSE:BANCOINDIA) Is Using Debt Reasonably Well
Mar 13Why The 32% Return On Capital At Banco Products (India) (NSE:BANCOINDIA) Should Have Your Attention
Nov 09Here's Why Banco Products (India) (NSE:BANCOINDIA) Has Caught The Eye Of Investors
Sep 12Banco Products (India) (NSE:BANCOINDIA) Has Announced That Its Dividend Will Be Reduced To ₹14.00
Aug 25Banco Products (India) (NSE:BANCOINDIA) Has Announced That Its Dividend Will Be Reduced To ₹14.00
Aug 11Here's Why Banco Products (India) (NSE:BANCOINDIA) Can Manage Its Debt Responsibly
Aug 09Banco Products (India) (NSE:BANCOINDIA) Is Achieving High Returns On Its Capital
May 26Banco Products (India) (NSE:BANCOINDIA) Is Increasing Its Dividend To ₹20.00
Sep 01Banco Products (India) (NSE:BANCOINDIA) Seems To Use Debt Quite Sensibly
Aug 18Banco Products (India) (NSE:BANCOINDIA) Has Announced That It Will Be Increasing Its Dividend To ₹20.00
Aug 18Banco Products (India) (NSE:BANCOINDIA) Is Looking To Continue Growing Its Returns On Capital
Jun 28Investors Shouldn't Overlook Banco Products (India)'s (NSE:BANCOINDIA) Impressive Returns On Capital
Jan 06Banco Products (India)'s (NSE:BANCOINDIA) Promising Earnings May Rest On Soft Foundations
Nov 16Here's Why I Think Banco Products (India) (NSE:BANCOINDIA) Might Deserve Your Attention Today
Aug 27Banco Products (India) (NSE:BANCOINDIA) Has A Rock Solid Balance Sheet
Aug 10Banco Products (India) (NSE:BANCOINDIA) Shareholders Will Want The ROCE Trajectory To Continue
Apr 08Are Insiders Buying Banco Products (India) Limited (NSE:BANCOINDIA) Stock?
Mar 21Do Institutions Own Banco Products (India) Limited (NSE:BANCOINDIA) Shares?
Mar 06Calculating The Intrinsic Value Of Banco Products (India) Limited (NSE:BANCOINDIA)
Feb 21A Look At Banco Products (India)'s (NSE:BANCOINDIA) CEO Remuneration
Feb 08
Can Mixed Fundamentals Have A Negative Impact on Banco Products (India) Limited (NSE:BANCOINDIA) Current Share Price Momentum?
Jan 26A Look At Banco Products (India)'s(NSE:BANCOINDIA) Total Shareholder Returns
Jan 13Will Banco Products (India)'s (NSE:BANCOINDIA) Growth In ROCE Persist?
Dec 31Financial Position Analysis
Short Term Liabilities: BANCOINDIA's short term assets (₹18.2B) exceed its short term liabilities (₹7.6B).
Long Term Liabilities: BANCOINDIA's short term assets (₹18.2B) exceed its long term liabilities (₹3.1B).
Debt to Equity History and Analysis
Debt Level: BANCOINDIA's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: BANCOINDIA's debt to equity ratio has increased from 8.6% to 18.4% over the past 5 years.
Debt Coverage: BANCOINDIA's debt is well covered by operating cash flow (112.2%).
Interest Coverage: BANCOINDIA's interest payments on its debt are well covered by EBIT (31.6x coverage).