Banswara Syntex Balance Sheet Health
Financial Health criteria checks 5/6
Banswara Syntex has a total shareholder equity of ₹5.2B and total debt of ₹3.2B, which brings its debt-to-equity ratio to 62.4%. Its total assets and total liabilities are ₹10.4B and ₹5.2B respectively. Banswara Syntex's EBIT is ₹871.1M making its interest coverage ratio 4. It has cash and short-term investments of ₹139.8M.
Key information
62.4%
Debt to equity ratio
₹3.23b
Debt
| Interest coverage ratio | 4x |
| Cash | ₹139.81m |
| Equity | ₹5.18b |
| Total liabilities | ₹5.19b |
| Total assets | ₹10.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 503722's short term assets (₹5.6B) exceed its short term liabilities (₹3.6B).
Long Term Liabilities: 503722's short term assets (₹5.6B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 503722's net debt to equity ratio (59.7%) is considered high.
Reducing Debt: 503722's debt to equity ratio has reduced from 169.7% to 62.4% over the past 5 years.
Debt Coverage: 503722's debt is well covered by operating cash flow (71.2%).
Interest Coverage: 503722's interest payments on its debt are well covered by EBIT (4x coverage).