Binayak Tex Processors Balance Sheet Health
Financial Health criteria checks 3/6
Binayak Tex Processors has a total shareholder equity of ₹890.9M and total debt of ₹563.5M, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are ₹2.2B and ₹1.3B respectively. Binayak Tex Processors's EBIT is ₹98.0M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹60.1M.
Key information
63.3%
Debt to equity ratio
₹563.52m
Debt
Interest coverage ratio | 2.7x |
Cash | ₹60.06m |
Equity | ₹890.91m |
Total liabilities | ₹1.27b |
Total assets | ₹2.16b |
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 (₹1.1B).
Long Term Liabilities: 523054's short term assets (₹1.1B) exceed its long term liabilities (₹138.5M).
Debt to Equity History and Analysis
Debt Level: 523054's net debt to equity ratio (56.5%) is considered high.
Reducing Debt: 523054's debt to equity ratio has increased from 56.7% to 63.3% over the past 5 years.
Debt Coverage: 523054's debt is well covered by operating cash flow (36.6%).
Interest Coverage: 523054's interest payments on its debt are not well covered by EBIT (2.7x coverage).