Bharat Bijlee Limited

BSE:503960 Stock Report

Market Cap: ₹41.1b

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.

Balance Sheet

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