Bimetal Bearings Balance Sheet Health
Financial Health criteria checks 5/6
Bimetal Bearings has a total shareholder equity of ₹2.2B and total debt of ₹90.0M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are ₹2.7B and ₹557.3M respectively. Bimetal Bearings's EBIT is ₹57.0M making its interest coverage ratio -12.5. It has cash and short-term investments of ₹133.9M.
Key information
4.1%
Debt to equity ratio
₹89.97m
Debt
| Interest coverage ratio | -12.5x |
| Cash | ₹133.95m |
| Equity | ₹2.19b |
| Total liabilities | ₹557.35m |
| Total assets | ₹2.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505681's short term assets (₹1.2B) exceed its short term liabilities (₹423.9M).
Long Term Liabilities: 505681's short term assets (₹1.2B) exceed its long term liabilities (₹133.4M).
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 4.1% over the past 5 years.
Debt Coverage: 505681's debt is well covered by operating cash flow (99.6%).
Interest Coverage: 505681 earns more interest than it pays, so coverage of interest payments is not a concern.