Balu Forge Industries Balance Sheet Health
Financial Health criteria checks 5/6
Balu Forge Industries has a total shareholder equity of ₹9.1B and total debt of ₹549.3M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are ₹11.1B and ₹2.0B respectively. Balu Forge Industries's EBIT is ₹1.7B making its interest coverage ratio 45.5. It has cash and short-term investments of ₹2.3B.
Key information
6.0%
Debt to equity ratio
₹549.30m
Debt
| Interest coverage ratio | 45.5x |
| Cash | ₹2.34b |
| Equity | ₹9.13b |
| Total liabilities | ₹1.97b |
| Total assets | ₹11.10b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Balu Forge Industries Limited (NSE:BALUFORGE) With Shares Advancing 29%
Sep 19
Optimistic Investors Push Balu Forge Industries Limited (NSE:BALUFORGE) Shares Up 36% But Growth Is Lacking
Aug 05Getting In Cheap On Balu Forge Industries Limited (NSE:BALUFORGE) Is Unlikely
Jun 21Balu Forge Industries' (NSE:BALUFORGE) Shareholders Should Assess Earnings With Caution
May 22Financial Position Analysis
Short Term Liabilities: BALUFORGE's short term assets (₹6.6B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: BALUFORGE's short term assets (₹6.6B) exceed its long term liabilities (₹249.4M).
Debt to Equity History and Analysis
Debt Level: BALUFORGE has more cash than its total debt.
Reducing Debt: BALUFORGE's debt to equity ratio has increased from 0% to 6% over the past 5 years.
Debt Coverage: BALUFORGE's debt is well covered by operating cash flow (359.5%).
Interest Coverage: BALUFORGE's interest payments on its debt are well covered by EBIT (45.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 06:15 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Balu Forge Industries Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kameswari V. S. Chavali | FirstCall Research |