Bharat Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Bharat Electronics has a total shareholder equity of ₹148.3B and total debt of ₹613.8M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹362.7B and ₹214.3B respectively. Bharat Electronics's EBIT is ₹41.8B making its interest coverage ratio -16.2. It has cash and short-term investments of ₹82.3B.
Key information
0.4%
Debt to equity ratio
₹613.80m
Debt
Interest coverage ratio | -16.2x |
Cash | ₹82.26b |
Equity | ₹148.34b |
Total liabilities | ₹214.33b |
Total assets | ₹362.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500049's short term assets (₹307.2B) exceed its short term liabilities (₹203.6B).
Long Term Liabilities: 500049's short term assets (₹307.2B) exceed its long term liabilities (₹10.7B).
Debt to Equity History and Analysis
Debt Level: 500049 has more cash than its total debt.
Reducing Debt: 500049's debt to equity ratio has reduced from 0.5% to 0.4% over the past 5 years.
Debt Coverage: 500049's debt is well covered by operating cash flow (6709.5%).
Interest Coverage: 500049 earns more interest than it pays, so coverage of interest payments is not a concern.