Bharat Bijlee Balance Sheet Health
Financial Health criteria checks 6/6
Bharat Bijlee has a total shareholder equity of ₹14.7B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are ₹21.4B and ₹6.7B respectively. Bharat Bijlee's EBIT is ₹1.4B making its interest coverage ratio 312.3. It has cash and short-term investments of ₹3.3B.
Key information
14.5%
Debt to equity ratio
₹2.13b
Debt
Interest coverage ratio | 312.3x |
Cash | ₹3.31b |
Equity | ₹14.72b |
Total liabilities | ₹6.67b |
Total assets | ₹21.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 503960's short term assets (₹10.4B) exceed its short term liabilities (₹5.9B).
Long Term Liabilities: 503960's short term assets (₹10.4B) exceed its long term liabilities (₹773.1M).
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 27.8% to 14.5% over the past 5 years.
Debt Coverage: 503960's debt is well covered by operating cash flow (79.2%).
Interest Coverage: 503960's interest payments on its debt are well covered by EBIT (312.3x coverage).