Bemco Hydraulics Balance Sheet Health
Financial Health criteria checks 6/6
Bemco Hydraulics has a total shareholder equity of ₹518.4M and total debt of ₹106.3M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are ₹1.0B and ₹500.4M respectively. Bemco Hydraulics's EBIT is ₹106.9M making its interest coverage ratio 8.9. It has cash and short-term investments of ₹164.5M.
Key information
20.5%
Debt to equity ratio
₹106.33m
Debt
Interest coverage ratio | 8.9x |
Cash | ₹164.54m |
Equity | ₹518.40m |
Total liabilities | ₹500.45m |
Total assets | ₹1.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522650's short term assets (₹573.6M) exceed its short term liabilities (₹383.6M).
Long Term Liabilities: 522650's short term assets (₹573.6M) exceed its long term liabilities (₹116.9M).
Debt to Equity History and Analysis
Debt Level: 522650 has more cash than its total debt.
Reducing Debt: 522650's debt to equity ratio has reduced from 57.6% to 20.5% over the past 5 years.
Debt Coverage: 522650's debt is well covered by operating cash flow (97.9%).
Interest Coverage: 522650's interest payments on its debt are well covered by EBIT (8.9x coverage).