Billwin Industries Balance Sheet Health
Financial Health criteria checks 5/6
Billwin Industries has a total shareholder equity of ₹138.3M and total debt of ₹3.9M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ₹161.7M and ₹23.4M respectively. Billwin Industries's EBIT is ₹12.0M making its interest coverage ratio 4.4. It has cash and short-term investments of ₹7.2M.
Key information
2.8%
Debt to equity ratio
₹3.90m
Debt
| Interest coverage ratio | 4.4x |
| Cash | ₹7.24m |
| Equity | ₹138.35m |
| Total liabilities | ₹23.40m |
| Total assets | ₹161.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543209's short term assets (₹147.1M) exceed its short term liabilities (₹23.0M).
Long Term Liabilities: 543209's short term assets (₹147.1M) exceed its long term liabilities (₹355.0K).
Debt to Equity History and Analysis
Debt Level: 543209 has more cash than its total debt.
Reducing Debt: 543209's debt to equity ratio has reduced from 129.1% to 2.8% over the past 5 years.
Debt Coverage: 543209's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543209's interest payments on its debt are well covered by EBIT (4.4x coverage).