Bharat Heavy Electricals Balance Sheet Health
Financial Health criteria checks 3/6
Bharat Heavy Electricals has a total shareholder equity of ₹244.4B and total debt of ₹88.1B, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are ₹590.1B and ₹345.7B respectively. Bharat Heavy Electricals's EBIT is ₹3.6B making its interest coverage ratio 0.5. It has cash and short-term investments of ₹61.6B.
Key information
36.0%
Debt to equity ratio
₹88.08b
Debt
Interest coverage ratio | 0.5x |
Cash | ₹61.57b |
Equity | ₹244.39b |
Total liabilities | ₹345.67b |
Total assets | ₹590.06b |
Recent financial health updates
Here's Why Bharat Heavy Electricals (NSE:BHEL) Can Afford Some Debt
Jan 17Health Check: How Prudently Does Bharat Heavy Electricals (NSE:BHEL) Use Debt?
Sep 22Here's Why Bharat Heavy Electricals (NSE:BHEL) Has A Meaningful Debt Burden
Jun 20We Think Bharat Heavy Electricals (NSE:BHEL) Is Taking Some Risk With Its Debt
Mar 08These 4 Measures Indicate That Bharat Heavy Electricals (NSE:BHEL) Is Using Debt Extensively
Nov 13Is Bharat Heavy Electricals (NSE:BHEL) Using Too Much Debt?
Jul 20Recent updates
Market Participants Recognise Bharat Heavy Electricals Limited's (NSE:BHEL) Revenues
Apr 15Here's Why Bharat Heavy Electricals (NSE:BHEL) Can Afford Some Debt
Jan 17A Piece Of The Puzzle Missing From Bharat Heavy Electricals Limited's (NSE:BHEL) 29% Share Price Climb
Dec 22Health Check: How Prudently Does Bharat Heavy Electricals (NSE:BHEL) Use Debt?
Sep 22Here's Why Bharat Heavy Electricals (NSE:BHEL) Has A Meaningful Debt Burden
Jun 20If EPS Growth Is Important To You, Bharat Heavy Electricals (NSE:BHEL) Presents An Opportunity
Jun 01Should You Think About Buying Bharat Heavy Electricals Limited (NSE:BHEL) Now?
Apr 19We Think Bharat Heavy Electricals (NSE:BHEL) Is Taking Some Risk With Its Debt
Mar 08Is Now An Opportune Moment To Examine Bharat Heavy Electricals Limited (NSE:BHEL)?
Dec 31Bharat Heavy Electricals' (NSE:BHEL) Earnings Are Of Questionable Quality
Nov 19These 4 Measures Indicate That Bharat Heavy Electricals (NSE:BHEL) Is Using Debt Extensively
Nov 13There Could Be A Chance Bharat Heavy Electricals Limited's (NSE:BHEL) CEO Will Have Their Compensation Increased
Sep 22Is Bharat Heavy Electricals (NSE:BHEL) Using Too Much Debt?
Jul 20Is Now The Time To Look At Buying Bharat Heavy Electricals Limited (NSE:BHEL)?
May 28Health Check: How Prudently Does Bharat Heavy Electricals (NSE:BHEL) Use Debt?
Feb 26Is Bharat Heavy Electricals (NSE:BHEL) A Risky Investment?
Nov 11Is Bharat Heavy Electricals (NSE:BHEL) Using Debt Sensibly?
Jul 14Is Bharat Heavy Electricals Limited (NSE:BHEL) Popular Amongst Institutions?
Feb 23Financial Position Analysis
Short Term Liabilities: BHEL's short term assets (₹345.5B) exceed its short term liabilities (₹253.3B).
Long Term Liabilities: BHEL's short term assets (₹345.5B) exceed its long term liabilities (₹92.3B).
Debt to Equity History and Analysis
Debt Level: BHEL's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: BHEL's debt to equity ratio has increased from 7.9% to 36% over the past 5 years.
Debt Coverage: BHEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BHEL's interest payments on its debt are not well covered by EBIT (0.5x coverage).