Bright Solar Balance Sheet Health
Financial Health criteria checks 3/6
Bright Solar has a total shareholder equity of ₹294.3M and total debt of ₹6.3M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ₹370.8M and ₹76.5M respectively.
Key information
2.1%
Debt to equity ratio
₹6.26m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹36.63m |
| Equity | ₹294.28m |
| Total liabilities | ₹76.49m |
| Total assets | ₹370.77m |
Recent financial health updates
No updates
Recent updates
Calculating The Intrinsic Value Of Bright Solar Limited (NSE:BRIGHT)
Jun 21
Would Bright Solar Limited (NSE:BRIGHT) Be Valuable To Income Investors?
Mar 16Have Insiders Sold Bright Solar Limited (NSE:BRIGHT) Shares Recently?
Jan 22
This Insider Has Just Sold Shares In Bright Solar Limited (NSE:BRIGHT)
Jan 07Financial Position Analysis
Short Term Liabilities: BRIGHT's short term assets (₹306.5M) exceed its short term liabilities (₹72.8M).
Long Term Liabilities: BRIGHT's short term assets (₹306.5M) exceed its long term liabilities (₹3.7M).
Debt to Equity History and Analysis
Debt Level: BRIGHT has more cash than its total debt.
Reducing Debt: BRIGHT's debt to equity ratio has increased from 1.3% to 2.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BRIGHT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BRIGHT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.5% each year