Bhakti Gems and Jewellery Balance Sheet Health
Financial Health criteria checks 5/6
Bhakti Gems and Jewellery has a total shareholder equity of ₹237.8M and total debt of ₹25.7M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are ₹273.4M and ₹35.6M respectively. Bhakti Gems and Jewellery's EBIT is ₹13.8M making its interest coverage ratio -21.7. It has cash and short-term investments of ₹658.0K.
Key information
10.8%
Debt to equity ratio
₹25.71m
Debt
| Interest coverage ratio | -21.7x |
| Cash | ₹658.00k |
| Equity | ₹237.83m |
| Total liabilities | ₹35.60m |
| Total assets | ₹273.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540545's short term assets (₹263.2M) exceed its short term liabilities (₹35.3M).
Long Term Liabilities: 540545's short term assets (₹263.2M) exceed its long term liabilities (₹266.0K).
Debt to Equity History and Analysis
Debt Level: 540545's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: 540545's debt to equity ratio has reduced from 14.2% to 10.8% over the past 5 years.
Debt Coverage: 540545's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540545 earns more interest than it pays, so coverage of interest payments is not a concern.