Bondada Engineering Balance Sheet Health
Financial Health criteria checks 4/6
Bondada Engineering has a total shareholder equity of ₹2.7B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are ₹6.6B and ₹3.9B respectively. Bondada Engineering's EBIT is ₹1.0B making its interest coverage ratio 8.7. It has cash and short-term investments of ₹742.4M.
Key information
42.5%
Debt to equity ratio
₹1.16b
Debt
| Interest coverage ratio | 8.7x |
| Cash | ₹742.42m |
| Equity | ₹2.72b |
| Total liabilities | ₹3.93b |
| Total assets | ₹6.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543971's short term assets (₹5.6B) exceed its short term liabilities (₹3.6B).
Long Term Liabilities: 543971's short term assets (₹5.6B) exceed its long term liabilities (₹343.8M).
Debt to Equity History and Analysis
Debt Level: 543971's net debt to equity ratio (15.2%) 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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543971's interest payments on its debt are well covered by EBIT (8.7x coverage).