Bhandari Hosiery Exports Balance Sheet Health
Financial Health criteria checks 2/6
Bhandari Hosiery Exports has a total shareholder equity of ₹902.5M and total debt of ₹1.2B, which brings its debt-to-equity ratio to 132.6%. Its total assets and total liabilities are ₹2.3B and ₹1.4B respectively. Bhandari Hosiery Exports's EBIT is ₹190.5M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹29.7M.
Key information
132.6%
Debt to equity ratio
₹1.20b
Debt
Interest coverage ratio | 1.9x |
Cash | ₹29.74m |
Equity | ₹902.45m |
Total liabilities | ₹1.43b |
Total assets | ₹2.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512608's short term assets (₹1.7B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 512608's short term assets (₹1.7B) exceed its long term liabilities (₹404.2M).
Debt to Equity History and Analysis
Debt Level: 512608's net debt to equity ratio (129.3%) is considered high.
Reducing Debt: 512608's debt to equity ratio has increased from 130.3% to 132.6% over the past 5 years.
Debt Coverage: 512608's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 512608's interest payments on its debt are not well covered by EBIT (1.9x coverage).