Banaras Beads Balance Sheet Health
Financial Health criteria checks 5/6
Banaras Beads has a total shareholder equity of ₹543.7M and total debt of ₹13.5M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ₹601.4M and ₹57.7M respectively. Banaras Beads's EBIT is ₹33.9M making its interest coverage ratio -5.3. It has cash and short-term investments of ₹25.9M.
Key information
2.5%
Debt to equity ratio
₹13.50m
Debt
| Interest coverage ratio | -5.3x |
| Cash | ₹25.91m |
| Equity | ₹543.72m |
| Total liabilities | ₹57.69m |
| Total assets | ₹601.40m |
Recent financial health updates
No updates
Recent updates
Banaras Beads Limited's (NSE:BANARBEADS) Share Price Is Matching Sentiment Around Its Earnings
Apr 04
Banaras Beads (NSE:BANARBEADS) Has Announced A Dividend Of ₹2.00
Feb 03Does Banaras Beads (NSE:BANARBEADS) Deserve A Spot On Your Watchlist?
Oct 11Should You Be Adding Banaras Beads (NSE:BANARBEADS) To Your Watchlist Today?
Jul 13Here's Why I Think Banaras Beads (NSE:BANARBEADS) Might Deserve Your Attention Today
Mar 06Here's Why We Think Banaras Beads (NSE:BANARBEADS) Is Well Worth Watching
Dec 06Banaras Beads Limited (NSE:BANARBEADS) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Oct 14
Take Care Before Diving Into The Deep End On Banaras Beads Limited (NSE:BANARBEADS)
Aug 19If You Like EPS Growth Then Check Out Banaras Beads (NSE:BANARBEADS) Before It's Too Late
Aug 11If You Like EPS Growth Then Check Out Banaras Beads (NSE:BANARBEADS) Before It's Too Late
Aug 11Financial Position Analysis
Short Term Liabilities: BANARBEADS's short term assets (₹369.2M) exceed its short term liabilities (₹52.6M).
Long Term Liabilities: BANARBEADS's short term assets (₹369.2M) exceed its long term liabilities (₹5.1M).
Debt to Equity History and Analysis
Debt Level: BANARBEADS has more cash than its total debt.
Reducing Debt: BANARBEADS's debt to equity ratio has reduced from 4.8% to 2.5% over the past 5 years.
Debt Coverage: BANARBEADS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BANARBEADS earns more interest than it pays, so coverage of interest payments is not a concern.