Billwin Industries Balance Sheet Health
Financial Health criteria checks 3/6
Billwin Industries has a total shareholder equity of ₹64.9M and total debt of ₹44.0M, which brings its debt-to-equity ratio to 67.9%. Its total assets and total liabilities are ₹129.9M and ₹65.0M respectively. Billwin Industries's EBIT is ₹14.1M making its interest coverage ratio 3.9. It has cash and short-term investments of ₹440.0K.
Key information
67.9%
Debt to equity ratio
₹44.05m
Debt
Interest coverage ratio | 3.9x |
Cash | ₹440.00k |
Equity | ₹64.89m |
Total liabilities | ₹65.00m |
Total assets | ₹129.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543209's short term assets (₹125.8M) exceed its short term liabilities (₹50.2M).
Long Term Liabilities: 543209's short term assets (₹125.8M) exceed its long term liabilities (₹14.8M).
Debt to Equity History and Analysis
Debt Level: 543209's net debt to equity ratio (67.2%) is considered high.
Reducing Debt: 543209's debt to equity ratio has increased from 3.7% to 67.9% over the past 5 years.
Debt Coverage: 543209's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 543209's interest payments on its debt are well covered by EBIT (3.9x coverage).