Bajaj Electricals Balance Sheet Health
Financial Health criteria checks 5/6
Bajaj Electricals has a total shareholder equity of ₹14.6B and total debt of ₹14.0B, which brings its debt-to-equity ratio to 95.8%. Its total assets and total liabilities are ₹38.7B and ₹24.1B respectively. Bajaj Electricals's EBIT is ₹1.2B making its interest coverage ratio 12.6. It has cash and short-term investments of ₹722.3M.
Key information
95.8%
Debt to equity ratio
₹14.01b
Debt
| Interest coverage ratio | 12.6x |
| Cash | ₹722.30m |
| Equity | ₹14.63b |
| Total liabilities | ₹24.06b |
| Total assets | ₹38.69b |
Recent financial health updates
Bajaj Electricals (NSE:BAJAJELEC) Seems To Use Debt Quite Sensibly
Aug 07
Here's Why Bajaj Electricals (NSE:BAJAJELEC) Can Manage Its Debt Responsibly
Aug 19Is 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 07Recent updates
There May Be Reason For Hope In Bajaj Electricals' (NSE:BAJAJELEC) Disappointing Earnings
Nov 15Bajaj Electricals Limited (NSE:BAJAJELEC) Just Released Its Second-Quarter Earnings: Here's What Analysts Think
Nov 10Bajaj Electricals (NSE:BAJAJELEC) Seems To Use Debt Quite Sensibly
Aug 07There's Reason For Concern Over Bajaj Electricals Limited's (NSE:BAJAJELEC) Massive 28% Price Jump
Jul 05Getting 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 07Financial Position Analysis
Short Term Liabilities: BAJAJELEC's short term assets (₹26.0B) exceed its short term liabilities (₹21.6B).
Long Term Liabilities: BAJAJELEC's short term assets (₹26.0B) exceed its long term liabilities (₹2.4B).
Debt to Equity History and Analysis
Debt Level: BAJAJELEC's net debt to equity ratio (90.9%) is considered high.
Reducing Debt: BAJAJELEC's debt to equity ratio has reduced from 179.5% to 95.8% over the past 5 years.
Debt Coverage: BAJAJELEC's debt is well covered by operating cash flow (31.3%).
Interest Coverage: BAJAJELEC's interest payments on its debt are well covered by EBIT (12.6x coverage).