Bhagyanagar India Balance Sheet Health
Financial Health criteria checks 2/6
Bhagyanagar India has a total shareholder equity of ₹2.0B and total debt of ₹2.4B, which brings its debt-to-equity ratio to 120.1%. Its total assets and total liabilities are ₹4.8B and ₹2.8B respectively. Bhagyanagar India's EBIT is ₹260.0M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹45.7M.
Key information
120.1%
Debt to equity ratio
₹2.39b
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹45.67m |
| Equity | ₹1.99b |
| Total liabilities | ₹2.80b |
| Total assets | ₹4.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512296's short term assets (₹4.0B) exceed its short term liabilities (₹2.0B).
Long Term Liabilities: 512296's short term assets (₹4.0B) exceed its long term liabilities (₹759.0M).
Debt to Equity History and Analysis
Debt Level: 512296's net debt to equity ratio (117.8%) is considered high.
Reducing Debt: 512296's debt to equity ratio has increased from 81.7% to 120.1% over the past 5 years.
Debt Coverage: 512296's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 512296's interest payments on its debt are not well covered by EBIT (2.2x coverage).