Banaras Beads Balance Sheet Health
Financial Health criteria checks 4/6
Banaras Beads has a total shareholder equity of ₹561.7M and total debt of ₹158.8M, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are ₹747.6M and ₹185.9M respectively. Banaras Beads's EBIT is ₹35.2M making its interest coverage ratio -3.9. It has cash and short-term investments of ₹101.9M.
Key information
28.3%
Debt to equity ratio
₹158.79m
Debt
| Interest coverage ratio | -3.9x |
| Cash | ₹101.90m |
| Equity | ₹561.66m |
| Total liabilities | ₹185.93m |
| Total assets | ₹747.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526849's short term assets (₹496.5M) exceed its short term liabilities (₹180.8M).
Long Term Liabilities: 526849's short term assets (₹496.5M) exceed its long term liabilities (₹5.1M).
Debt to Equity History and Analysis
Debt Level: 526849's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: 526849's debt to equity ratio has increased from 4.6% to 28.3% over the past 5 years.
Debt Coverage: 526849's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 526849 earns more interest than it pays, so coverage of interest payments is not a concern.