Bondada Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Bondada Engineering has a total shareholder equity of ₹1.7B and total debt of ₹625.1M, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are ₹5.0B and ₹3.4B respectively. Bondada Engineering's EBIT is ₹675.2M making its interest coverage ratio 7.6. It has cash and short-term investments of ₹506.0M.
Key information
37.2%
Debt to equity ratio
₹625.08m
Debt
Interest coverage ratio | 7.6x |
Cash | ₹506.00m |
Equity | ₹1.68b |
Total liabilities | ₹3.37b |
Total assets | ₹5.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543971's short term assets (₹4.5B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: 543971's short term assets (₹4.5B) exceed its long term liabilities (₹213.9M).
Debt to Equity History and Analysis
Debt Level: 543971's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543971's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543971's debt is well covered by operating cash flow (86.4%).
Interest Coverage: 543971's interest payments on its debt are well covered by EBIT (7.6x coverage).