Bata India Balance Sheet Health
Financial Health criteria checks 4/6
Bata India has a total shareholder equity of ₹14.0B and total debt of ₹12.6B, which brings its debt-to-equity ratio to 90%. Its total assets and total liabilities are ₹32.4B and ₹18.3B respectively. Bata India's EBIT is ₹4.6B making its interest coverage ratio 5.9. It has cash and short-term investments of ₹4.3B.
Key information
90.0%
Debt to equity ratio
₹12.63b
Debt
Interest coverage ratio | 5.9x |
Cash | ₹4.27b |
Equity | ₹14.03b |
Total liabilities | ₹18.33b |
Total assets | ₹32.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500043's short term assets (₹15.5B) exceed its short term liabilities (₹8.7B).
Long Term Liabilities: 500043's short term assets (₹15.5B) exceed its long term liabilities (₹9.6B).
Debt to Equity History and Analysis
Debt Level: 500043's net debt to equity ratio (59.5%) is considered high.
Reducing Debt: 500043's debt to equity ratio has increased from 0% to 90% over the past 5 years.
Debt Coverage: 500043's debt is well covered by operating cash flow (54.1%).
Interest Coverage: 500043's interest payments on its debt are well covered by EBIT (5.9x coverage).