Bimetal Bearings Limited

BSE:505681 Stock Report

Market Cap: ₹2.6b

Bimetal Bearings Balance Sheet Health

Financial Health criteria checks 5/6

Bimetal Bearings has a total shareholder equity of ₹2.3B and total debt of ₹64.3M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ₹2.9B and ₹648.5M respectively. Bimetal Bearings's EBIT is ₹51.5M making its interest coverage ratio -11.5. It has cash and short-term investments of ₹144.4M.

Key information

2.8%

Debt to equity ratio

₹64.27m

Debt

Interest coverage ratio-11.5x
Cash₹144.40m
Equity₹2.27b
Total liabilities₹648.46m
Total assets₹2.92b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 505681's short term assets (₹1.3B) exceed its short term liabilities (₹500.4M).

Long Term Liabilities: 505681's short term assets (₹1.3B) exceed its long term liabilities (₹148.1M).


Debt to Equity History and Analysis

Debt Level: 505681 has more cash than its total debt.

Reducing Debt: 505681's debt to equity ratio has increased from 0% to 2.8% over the past 5 years.

Debt Coverage: 505681's debt is well covered by operating cash flow (125.2%).

Interest Coverage: 505681 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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