Bharat Bijlee Balance Sheet Health
Financial Health criteria checks 6/6
Bharat Bijlee has a total shareholder equity of ₹22.1B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ₹29.8B and ₹7.7B respectively. Bharat Bijlee's EBIT is ₹1.4B making its interest coverage ratio -10.7. It has cash and short-term investments of ₹3.9B.
Key information
6.1%
Debt to equity ratio
₹1.35b
Debt
| Interest coverage ratio | -10.7x |
| Cash | ₹3.92b |
| Equity | ₹22.11b |
| Total liabilities | ₹7.68b |
| Total assets | ₹29.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 503960's short term assets (₹11.1B) exceed its short term liabilities (₹5.6B).
Long Term Liabilities: 503960's short term assets (₹11.1B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: 503960 has more cash than its total debt.
Reducing Debt: 503960's debt to equity ratio has reduced from 28.2% to 6.1% over the past 5 years.
Debt Coverage: 503960's debt is well covered by operating cash flow (113.6%).
Interest Coverage: 503960 earns more interest than it pays, so coverage of interest payments is not a concern.