Bajaj Electricals Balance Sheet Health
Financial Health criteria checks 6/6
Bajaj Electricals has a total shareholder equity of ₹13.5B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are ₹37.9B and ₹24.4B respectively. Bajaj Electricals's EBIT is ₹1.9B making its interest coverage ratio 3.8. It has cash and short-term investments of ₹2.0B.
Key information
15.0%
Debt to equity ratio
₹2.03b
Debt
| Interest coverage ratio | 3.8x |
| Cash | ₹2.04b |
| Equity | ₹13.48b |
| Total liabilities | ₹24.39b |
| Total assets | ₹37.87b |
Recent financial health updates
Here's Why Bajaj Electricals (NSE:BAJAJELEC) Can Manage Its Debt Responsibly
Aug 19
Is Bajaj Electricals (NSE:BAJAJELEC) Using Too Much Debt?
Feb 17These 4 Measures Indicate That Bajaj Electricals (NSE:BAJAJELEC) Is Using Debt Safely
Nov 15These 4 Measures Indicate That Bajaj Electricals (NSE:BAJAJELEC) Is Using Debt Reasonably Well
Mar 07Here's Why Bajaj Electricals (NSE:BAJAJELEC) Has A Meaningful Debt Burden
Dec 06Recent updates
Getting In Cheap On Bajaj Electricals Limited (NSE:BAJAJELEC) Might Be Difficult
Jan 07Here's Why Bajaj Electricals (NSE:BAJAJELEC) Can Manage Its Debt Responsibly
Aug 19Bajaj Electricals (NSE:BAJAJELEC) Is Paying Out A Larger Dividend Than Last Year
Jul 17Bajaj Electricals (NSE:BAJAJELEC) Will Pay A Larger Dividend Than Last Year At ₹4.00
Jun 24Bajaj Electricals (NSE:BAJAJELEC) Has Announced That It Will Be Increasing Its Dividend To ₹4.00
Jun 10Bajaj Electricals (NSE:BAJAJELEC) Has Announced That It Will Be Increasing Its Dividend To ₹4.00
May 26Bajaj Electricals (NSE:BAJAJELEC) Might Be Having Difficulty Using Its Capital Effectively
Apr 21Should You Be Adding Bajaj Electricals (NSE:BAJAJELEC) To Your Watchlist Today?
Apr 01Is Bajaj Electricals (NSE:BAJAJELEC) Using Too Much Debt?
Feb 17Some Investors May Be Worried About Bajaj Electricals' (NSE:BAJAJELEC) Returns On Capital
Nov 29Bajaj Electricals Limited Just Missed Earnings - But Analysts Have Updated Their Models
May 21Capital Allocation Trends At Bajaj Electricals (NSE:BAJAJELEC) Aren't Ideal
May 13Why Bajaj Electricals Limited (NSE:BAJAJELEC) Could Be Worth Watching
Jan 15There Are Reasons To Feel Uneasy About Bajaj Electricals' (NSE:BAJAJELEC) Returns On Capital
Dec 23These 4 Measures Indicate That Bajaj Electricals (NSE:BAJAJELEC) Is Using Debt Safely
Nov 15Investors Could Be Concerned With Bajaj Electricals' (NSE:BAJAJELEC) Returns On Capital
Sep 21Is There Now An Opportunity In Bajaj Electricals Limited (NSE:BAJAJELEC)?
Aug 10Here's What's Concerning About Bajaj Electricals' (NSE:BAJAJELEC) Returns On Capital
Mar 25These 4 Measures Indicate That Bajaj Electricals (NSE:BAJAJELEC) Is Using Debt Reasonably Well
Mar 07Did You Participate In Any Of Bajaj Electricals' (NSE:BAJAJELEC) Incredible 382% Return?
Feb 04Can Mixed Fundamentals Have A Negative Impact on Bajaj Electricals Limited (NSE:BAJAJELEC) Current Share Price Momentum?
Jan 20How Much Of Bajaj Electricals Limited (NSE:BAJAJELEC) Do Insiders Own?
Jan 05We're Watching These Trends At Bajaj Electricals (NSE:BAJAJELEC)
Dec 21Here's Why Bajaj Electricals (NSE:BAJAJELEC) Has A Meaningful Debt Burden
Dec 06Executive Vice President of Customer Care Dileep Sharma Just Sold A Bunch Of Shares In Bajaj Electricals Limited (NSE:BAJAJELEC)
Nov 21
Are Bajaj Electricals's (NSE:BAJAJELEC) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 08Did Business Growth Power Bajaj Electricals' (NSE:BAJAJELEC) Share Price Gain of 103%?
Oct 23Financial Position Analysis
Short Term Liabilities: BAJAJELEC's short term assets (₹25.1B) exceed its short term liabilities (₹22.0B).
Long Term Liabilities: BAJAJELEC's short term assets (₹25.1B) exceed its long term liabilities (₹2.4B).
Debt to Equity History and Analysis
Debt Level: BAJAJELEC has more cash than its total debt.
Reducing Debt: BAJAJELEC's debt to equity ratio has reduced from 163.8% to 15% over the past 5 years.
Debt Coverage: BAJAJELEC's debt is well covered by operating cash flow (179.7%).
Interest Coverage: BAJAJELEC's interest payments on its debt are well covered by EBIT (3.8x coverage).