Brady & Morris Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Brady & Morris Engineering has a total shareholder equity of ₹186.4M and total debt of ₹111.4M, which brings its debt-to-equity ratio to 59.8%. Its total assets and total liabilities are ₹443.6M and ₹257.2M respectively. Brady & Morris Engineering's EBIT is ₹103.4M making its interest coverage ratio 47.4. It has cash and short-term investments of ₹36.2M.
Key information
59.8%
Debt to equity ratio
₹111.44m
Debt
Interest coverage ratio | 47.4x |
Cash | ₹36.16m |
Equity | ₹186.35m |
Total liabilities | ₹257.23m |
Total assets | ₹443.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505690's short term assets (₹336.4M) exceed its short term liabilities (₹178.8M).
Long Term Liabilities: 505690's short term assets (₹336.4M) exceed its long term liabilities (₹78.4M).
Debt to Equity History and Analysis
Debt Level: 505690's net debt to equity ratio (40.4%) is considered high.
Reducing Debt: 505690's debt to equity ratio has reduced from 3484.1% to 59.8% over the past 5 years.
Debt Coverage: 505690's debt is well covered by operating cash flow (42.3%).
Interest Coverage: 505690's interest payments on its debt are well covered by EBIT (47.4x coverage).