Birla Precision Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Birla Precision Technologies has a total shareholder equity of ₹1.4B and total debt of ₹325.9M, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are ₹2.4B and ₹1.0B respectively. Birla Precision Technologies's EBIT is ₹221.3M making its interest coverage ratio 12.4. It has cash and short-term investments of ₹179.1M.
Key information
24.1%
Debt to equity ratio
₹325.89m
Debt
Interest coverage ratio | 12.4x |
Cash | ₹179.12m |
Equity | ₹1.35b |
Total liabilities | ₹1.02b |
Total assets | ₹2.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522105's short term assets (₹1.6B) exceed its short term liabilities (₹957.1M).
Long Term Liabilities: 522105's short term assets (₹1.6B) exceed its long term liabilities (₹62.5M).
Debt to Equity History and Analysis
Debt Level: 522105's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: 522105's debt to equity ratio has reduced from 25.3% to 24.1% over the past 5 years.
Debt Coverage: 522105's debt is well covered by operating cash flow (84.2%).
Interest Coverage: 522105's interest payments on its debt are well covered by EBIT (12.4x coverage).