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 ₹868.7M, which brings its debt-to-equity ratio to 71%. Its total assets and total liabilities are ₹4.1B and ₹2.9B respectively. Bharat Gears's EBIT is ₹3.6M making its interest coverage ratio 0. It has cash and short-term investments of ₹123.0M.
Key information
71.0%
Debt to equity ratio
₹868.70m
Debt
| Interest coverage ratio | 0.03x |
| Cash | ₹123.00m |
| Equity | ₹1.22b |
| Total liabilities | ₹2.92b |
| Total assets | ₹4.15b |
Recent financial health updates
No updates
Recent updates
A Look At The Intrinsic Value Of Bharat Gears Limited (NSE:BHARATGEAR)
Dec 23
Calculating 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 26
Financial Position Analysis
Short Term Liabilities: BHARATGEAR's short term assets (₹2.6B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: BHARATGEAR's short term assets (₹2.6B) exceed its long term liabilities (₹854.7M).
Debt to Equity History and Analysis
Debt Level: BHARATGEAR's net debt to equity ratio (60.9%) is considered high.
Reducing Debt: BHARATGEAR's debt to equity ratio has reduced from 154.7% to 71% over the past 5 years.
Debt Coverage: BHARATGEAR's debt is well covered by operating cash flow (35%).
Interest Coverage: BHARATGEAR's interest payments on its debt are not well covered by EBIT (0x coverage).