Banswara Syntex Balance Sheet Health
Financial Health criteria checks 3/6
Banswara Syntex has a total shareholder equity of ₹5.4B and total debt of ₹4.6B, which brings its debt-to-equity ratio to 84.7%. Its total assets and total liabilities are ₹12.1B and ₹6.7B respectively. Banswara Syntex's EBIT is ₹474.7M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹308.7M.
Key information
84.7%
Debt to equity ratio
₹4.56b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹308.68m |
| Equity | ₹5.38b |
| Total liabilities | ₹6.70b |
| Total assets | ₹12.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 503722's short term assets (₹6.4B) exceed its short term liabilities (₹4.2B).
Long Term Liabilities: 503722's short term assets (₹6.4B) exceed its long term liabilities (₹2.5B).
Debt to Equity History and Analysis
Debt Level: 503722's net debt to equity ratio (78.9%) is considered high.
Reducing Debt: 503722's debt to equity ratio has reduced from 133.1% to 84.7% over the past 5 years.
Debt Coverage: 503722's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: 503722's interest payments on its debt are not well covered by EBIT (1.8x coverage).