Bajaj Electricals Balance Sheet Health
Financial Health criteria checks 5/6
Bajaj Electricals has a total shareholder equity of ₹14.6B and total debt of ₹14.0B, which brings its debt-to-equity ratio to 95.8%. Its total assets and total liabilities are ₹38.7B and ₹24.1B respectively. Bajaj Electricals's EBIT is ₹1.2B making its interest coverage ratio 12.6. It has cash and short-term investments of ₹722.3M.
Key information
95.8%
Debt to equity ratio
₹14.01b
Debt
| Interest coverage ratio | 12.6x |
| Cash | ₹722.30m |
| Equity | ₹14.63b |
| Total liabilities | ₹24.06b |
| Total assets | ₹38.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500031's short term assets (₹26.0B) exceed its short term liabilities (₹21.6B).
Long Term Liabilities: 500031's short term assets (₹26.0B) exceed its long term liabilities (₹2.4B).
Debt to Equity History and Analysis
Debt Level: 500031's net debt to equity ratio (90.9%) is considered high.
Reducing Debt: 500031's debt to equity ratio has reduced from 179.5% to 95.8% over the past 5 years.
Debt Coverage: 500031's debt is well covered by operating cash flow (31.3%).
Interest Coverage: 500031's interest payments on its debt are well covered by EBIT (12.6x coverage).