Black Rose Industries Balance Sheet Health
Financial Health criteria checks 6/6
Black Rose Industries has a total shareholder equity of ₹1.4B and total debt of ₹50.7M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ₹1.7B and ₹380.5M respectively. Black Rose Industries's EBIT is ₹210.9M making its interest coverage ratio 34.7. It has cash and short-term investments of ₹512.5M.
Key information
3.7%
Debt to equity ratio
₹50.73m
Debt
Interest coverage ratio | 34.7x |
Cash | ₹512.54m |
Equity | ₹1.37b |
Total liabilities | ₹380.47m |
Total assets | ₹1.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514183's short term assets (₹1.2B) exceed its short term liabilities (₹310.6M).
Long Term Liabilities: 514183's short term assets (₹1.2B) exceed its long term liabilities (₹69.9M).
Debt to Equity History and Analysis
Debt Level: 514183 has more cash than its total debt.
Reducing Debt: 514183's debt to equity ratio has reduced from 69% to 3.7% over the past 5 years.
Debt Coverage: 514183's debt is well covered by operating cash flow (1334%).
Interest Coverage: 514183's interest payments on its debt are well covered by EBIT (34.7x coverage).