Bharat Textiles and Proofing Industries Balance Sheet Health
Financial Health criteria checks 3/6
Bharat Textiles and Proofing Industries has a total shareholder equity of ₹19.2M and total debt of ₹120.9M, which brings its debt-to-equity ratio to 628.9%. Its total assets and total liabilities are ₹152.4M and ₹133.2M respectively. Bharat Textiles and Proofing Industries's EBIT is ₹7.6M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹3.8M.
Key information
628.9%
Debt to equity ratio
₹120.91m
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹3.76m |
| Equity | ₹19.23m |
| Total liabilities | ₹133.19m |
| Total assets | ₹152.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531029's short term assets (₹78.2M) exceed its short term liabilities (₹56.9M).
Long Term Liabilities: 531029's short term assets (₹78.2M) exceed its long term liabilities (₹76.3M).
Debt to Equity History and Analysis
Debt Level: 531029's net debt to equity ratio (609.4%) is considered high.
Reducing Debt: 531029's debt to equity ratio has reduced from 1355.7% to 628.9% over the past 5 years.
Debt Coverage: 531029's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: 531029's interest payments on its debt are not well covered by EBIT (1.3x coverage).