Bansal Roofing Products Balance Sheet Health
Financial Health criteria checks 5/6
Bansal Roofing Products has a total shareholder equity of ₹276.1M and total debt of ₹43.8M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are ₹398.3M and ₹122.3M respectively. Bansal Roofing Products's EBIT is ₹53.8M making its interest coverage ratio 9.2. It has cash and short-term investments of ₹5.2M.
Key information
15.9%
Debt to equity ratio
₹43.81m
Debt
Interest coverage ratio | 9.2x |
Cash | ₹5.22m |
Equity | ₹276.05m |
Total liabilities | ₹122.26m |
Total assets | ₹398.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538546's short term assets (₹100.4M) exceed its short term liabilities (₹86.5M).
Long Term Liabilities: 538546's short term assets (₹100.4M) exceed its long term liabilities (₹35.7M).
Debt to Equity History and Analysis
Debt Level: 538546's net debt to equity ratio (14%) is considered satisfactory.
Reducing Debt: 538546's debt to equity ratio has increased from 4.6% to 15.9% over the past 5 years.
Debt Coverage: 538546's debt is well covered by operating cash flow (181%).
Interest Coverage: 538546's interest payments on its debt are well covered by EBIT (9.2x coverage).