Betex India Balance Sheet Health
Financial Health criteria checks 6/6
Betex India has a total shareholder equity of ₹295.5M and total debt of ₹25.7M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are ₹489.6M and ₹194.2M respectively. Betex India's EBIT is ₹70.2M making its interest coverage ratio 11.7. It has cash and short-term investments of ₹59.1M.
Key information
8.7%
Debt to equity ratio
₹25.69m
Debt
Interest coverage ratio | 11.7x |
Cash | ₹59.07m |
Equity | ₹295.47m |
Total liabilities | ₹194.16m |
Total assets | ₹489.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512477's short term assets (₹327.8M) exceed its short term liabilities (₹180.8M).
Long Term Liabilities: 512477's short term assets (₹327.8M) exceed its long term liabilities (₹13.4M).
Debt to Equity History and Analysis
Debt Level: 512477 has more cash than its total debt.
Reducing Debt: 512477's debt to equity ratio has reduced from 68% to 8.7% over the past 5 years.
Debt Coverage: 512477's debt is well covered by operating cash flow (550.4%).
Interest Coverage: 512477's interest payments on its debt are well covered by EBIT (11.7x coverage).