Binayak Tex Processors Balance Sheet Health
Financial Health criteria checks 3/6
Binayak Tex Processors has a total shareholder equity of ₹939.7M and total debt of ₹655.9M, which brings its debt-to-equity ratio to 69.8%. Its total assets and total liabilities are ₹2.2B and ₹1.3B respectively. Binayak Tex Processors's EBIT is ₹124.3M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹53.2M.
Key information
69.8%
Debt to equity ratio
₹655.92m
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹53.16m |
| Equity | ₹939.66m |
| Total liabilities | ₹1.26b |
| Total assets | ₹2.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523054's short term assets (₹1.1B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 523054's short term assets (₹1.1B) exceed its long term liabilities (₹217.2M).
Debt to Equity History and Analysis
Debt Level: 523054's net debt to equity ratio (64.1%) is considered high.
Reducing Debt: 523054's debt to equity ratio has increased from 49.6% to 69.8% over the past 5 years.
Debt Coverage: 523054's debt is well covered by operating cash flow (31.4%).
Interest Coverage: 523054's interest payments on its debt are not well covered by EBIT (2.4x coverage).