Betex India Balance Sheet Health
Financial Health criteria checks 6/6
Betex India has a total shareholder equity of ₹321.5M and total debt of ₹35.2M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are ₹523.9M and ₹202.4M respectively. Betex India's EBIT is ₹44.3M making its interest coverage ratio 6.6. It has cash and short-term investments of ₹98.2M.
Key information
11.0%
Debt to equity ratio
₹35.22m
Debt
| Interest coverage ratio | 6.6x |
| Cash | ₹98.19m |
| Equity | ₹321.45m |
| Total liabilities | ₹202.42m |
| Total assets | ₹523.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512477's short term assets (₹333.5M) exceed its short term liabilities (₹179.0M).
Long Term Liabilities: 512477's short term assets (₹333.5M) exceed its long term liabilities (₹23.5M).
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 50.7% to 11% over the past 5 years.
Debt Coverage: 512477's debt is well covered by operating cash flow (350.5%).
Interest Coverage: 512477's interest payments on its debt are well covered by EBIT (6.6x coverage).