Bansal Roofing Products Balance Sheet Health
Financial Health criteria checks 5/6
Bansal Roofing Products has a total shareholder equity of ₹290.0M and total debt of ₹46.8M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are ₹441.9M and ₹151.9M respectively. Bansal Roofing Products's EBIT is ₹43.7M making its interest coverage ratio 11.1. It has cash and short-term investments of ₹561.0K.
Key information
16.1%
Debt to equity ratio
₹46.84m
Debt
| Interest coverage ratio | 11.1x |
| Cash | ₹561.00k |
| Equity | ₹290.02m |
| Total liabilities | ₹151.85m |
| Total assets | ₹441.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538546's short term assets (₹141.2M) exceed its short term liabilities (₹122.5M).
Long Term Liabilities: 538546's short term assets (₹141.2M) exceed its long term liabilities (₹29.4M).
Debt to Equity History and Analysis
Debt Level: 538546's net debt to equity ratio (16%) is considered satisfactory.
Reducing Debt: 538546's debt to equity ratio has increased from 3.1% to 16.1% over the past 5 years.
Debt Coverage: 538546's debt is well covered by operating cash flow (91.1%).
Interest Coverage: 538546's interest payments on its debt are well covered by EBIT (11.1x coverage).