Bindal Exports Balance Sheet Health
Financial Health criteria checks 5/6
Bindal Exports has a total shareholder equity of ₹101.6M and total debt of ₹40.8M, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are ₹175.5M and ₹74.0M respectively. Bindal Exports's EBIT is ₹7.4M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹314.0K.
Key information
40.2%
Debt to equity ratio
₹40.80m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹314.00k |
| Equity | ₹101.57m |
| Total liabilities | ₹73.98m |
| Total assets | ₹175.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540148's short term assets (₹134.4M) exceed its short term liabilities (₹72.6M).
Long Term Liabilities: 540148's short term assets (₹134.4M) exceed its long term liabilities (₹1.4M).
Debt to Equity History and Analysis
Debt Level: 540148's net debt to equity ratio (39.9%) is considered satisfactory.
Reducing Debt: 540148's debt to equity ratio has reduced from 89.7% to 40.2% over the past 5 years.
Debt Coverage: 540148's debt is well covered by operating cash flow (111.2%).
Interest Coverage: 540148's interest payments on its debt are not well covered by EBIT (1.6x coverage).