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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:22 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Bhagyanagar India Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bikshapathi A. | FirstCall Research |