Bharat Gears Balance Sheet Health
Financial Health criteria checks 4/6
Bharat Gears has a total shareholder equity of ₹1.2B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 90%. Its total assets and total liabilities are ₹4.2B and ₹3.0B respectively. Bharat Gears's EBIT is ₹41.4M making its interest coverage ratio 0.3. It has cash and short-term investments of ₹138.4M.
Key information
90.0%
Debt to equity ratio
₹1.06b
Debt
Interest coverage ratio | 0.3x |
Cash | ₹138.40m |
Equity | ₹1.18b |
Total liabilities | ₹2.99b |
Total assets | ₹4.17b |
Recent financial health updates
No updates
Recent updates
A Look At The Intrinsic Value Of Bharat Gears Limited (NSE:BHARATGEAR)
Dec 23Calculating The Fair Value Of Bharat Gears Limited (NSE:BHARATGEAR)
Aug 22If EPS Growth Is Important To You, Bharat Gears (NSE:BHARATGEAR) Presents An Opportunity
Jul 27The Strong Earnings Posted By Bharat Gears (NSE:BHARATGEAR) Are A Good Indication Of The Strength Of The Business
Nov 09Shareholders May Not Be So Generous With Bharat Gears Limited's (NSE:BHARATGEAR) CEO Compensation And Here's Why
Sep 15Estimating The Intrinsic Value Of Bharat Gears Limited (NSE:BHARATGEAR)
May 19How Much Is Bharat Gears Limited (NSE:BHARATGEAR) Paying Its CEO?
Jan 26Financial Position Analysis
Short Term Liabilities: BHARATGEAR's short term assets (₹2.7B) exceed its short term liabilities (₹2.0B).
Long Term Liabilities: BHARATGEAR's short term assets (₹2.7B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: BHARATGEAR's net debt to equity ratio (78.2%) is considered high.
Reducing Debt: BHARATGEAR's debt to equity ratio has reduced from 185.9% to 90% over the past 5 years.
Debt Coverage: BHARATGEAR's debt is well covered by operating cash flow (55.4%).
Interest Coverage: BHARATGEAR's interest payments on its debt are not well covered by EBIT (0.3x coverage).