Banka BioLoo Balance Sheet Health
Financial Health criteria checks 2/6
Banka BioLoo has a total shareholder equity of ₹397.6M and total debt of ₹247.9M, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are ₹774.2M and ₹376.6M respectively. Banka BioLoo's EBIT is ₹14.4M making its interest coverage ratio 0.6. It has cash and short-term investments of ₹26.9M.
Key information
62.3%
Debt to equity ratio
₹247.85m
Debt
| Interest coverage ratio | 0.6x |
| Cash | ₹26.91m |
| Equity | ₹397.62m |
| Total liabilities | ₹376.61m |
| Total assets | ₹774.23m |
Recent financial health updates
Here's Why Banka BioLoo (NSE:BANKA) Has A Meaningful Debt Burden
Sep 06
Banka BioLoo (NSE:BANKA) Has A Pretty Healthy Balance Sheet
Jun 18Here's Why Banka BioLoo (NSE:BANKA) Has A Meaningful Debt Burden
Mar 08Recent updates
It's Unlikely That Banka BioLoo Limited's (NSE:BANKA) CEO Will See A Huge Pay Rise This Year
Sep 19Here's Why Banka BioLoo (NSE:BANKA) Has A Meaningful Debt Burden
Sep 06Banka BioLoo (NSE:BANKA) Has A Pretty Healthy Balance Sheet
Jun 18Here's Why Banka BioLoo (NSE:BANKA) Has A Meaningful Debt Burden
Mar 08A Look At The Fair Value Of Banka BioLoo Limited (NSE:BANKA)
Sep 01Why Banka BioLoo Limited (NSE:BANKA) Is A Dividend Rockstar
Apr 02Banka BioLoo Limited's (NSE:BANKA) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 09Banka BioLoo Limited's (NSE:BANKA) 0.7% Dividend Yield Looks Pretty Interesting
Dec 18
Financial Position Analysis
Short Term Liabilities: BANKA's short term assets (₹493.4M) exceed its short term liabilities (₹253.5M).
Long Term Liabilities: BANKA's short term assets (₹493.4M) exceed its long term liabilities (₹123.1M).
Debt to Equity History and Analysis
Debt Level: BANKA's net debt to equity ratio (55.6%) is considered high.
Reducing Debt: BANKA's debt to equity ratio has increased from 9.8% to 62.3% over the past 5 years.
Debt Coverage: BANKA's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: BANKA's interest payments on its debt are not well covered by EBIT (0.6x coverage).