Bhakti Gems and Jewellery Balance Sheet Health
Financial Health criteria checks 4/6
Bhakti Gems and Jewellery has a total shareholder equity of ₹220.3M and total debt of ₹72.8M, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are ₹303.0M and ₹82.7M respectively. Bhakti Gems and Jewellery's EBIT is ₹19.3M making its interest coverage ratio -50. It has cash and short-term investments of ₹220.0K.
Key information
33.0%
Debt to equity ratio
₹72.77m
Debt
Interest coverage ratio | -50x |
Cash | ₹220.00k |
Equity | ₹220.28m |
Total liabilities | ₹82.70m |
Total assets | ₹302.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540545's short term assets (₹291.9M) exceed its short term liabilities (₹82.5M).
Long Term Liabilities: 540545's short term assets (₹291.9M) exceed its long term liabilities (₹204.0K).
Debt to Equity History and Analysis
Debt Level: 540545's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: 540545's debt to equity ratio has increased from 20.8% to 33% 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.