Banaras Beads Balance Sheet Health
Financial Health criteria checks 5/6
Banaras Beads has a total shareholder equity of ₹543.7M and total debt of ₹13.5M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ₹601.4M and ₹57.7M respectively. Banaras Beads's EBIT is ₹33.9M making its interest coverage ratio -5.3. It has cash and short-term investments of ₹25.9M.
Key information
2.5%
Debt to equity ratio
₹13.50m
Debt
Interest coverage ratio | -5.3x |
Cash | ₹25.91m |
Equity | ₹543.72m |
Total liabilities | ₹57.69m |
Total assets | ₹601.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526849's short term assets (₹369.2M) exceed its short term liabilities (₹52.6M).
Long Term Liabilities: 526849's short term assets (₹369.2M) exceed its long term liabilities (₹5.1M).
Debt to Equity History and Analysis
Debt Level: 526849 has more cash than its total debt.
Reducing Debt: 526849's debt to equity ratio has reduced from 4.8% to 2.5% 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.