Bharat Textiles and Proofing Industries Balance Sheet Health
Financial Health criteria checks 2/6
Bharat Textiles and Proofing Industries has a total shareholder equity of ₹17.9M and total debt of ₹119.0M, which brings its debt-to-equity ratio to 664.6%. Its total assets and total liabilities are ₹151.7M and ₹133.8M respectively. Bharat Textiles and Proofing Industries's EBIT is ₹9.4M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹398.0K.
Key information
664.6%
Debt to equity ratio
₹119.00m
Debt
Interest coverage ratio | 1.3x |
Cash | ₹398.00k |
Equity | ₹17.91m |
Total liabilities | ₹133.77m |
Total assets | ₹151.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531029's short term assets (₹72.1M) exceed its short term liabilities (₹55.6M).
Long Term Liabilities: 531029's short term assets (₹72.1M) do not cover its long term liabilities (₹78.1M).
Debt to Equity History and Analysis
Debt Level: 531029's net debt to equity ratio (662.4%) is considered high.
Reducing Debt: 531029's debt to equity ratio has reduced from 1693.6% to 664.6% over the past 5 years.
Debt Coverage: 531029's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: 531029's interest payments on its debt are not well covered by EBIT (1.3x coverage).