Banswara Syntex Balance Sheet Health
Financial Health criteria checks 3/6
Banswara Syntex has a total shareholder equity of ₹5.4B and total debt of ₹4.6B, which brings its debt-to-equity ratio to 84.7%. Its total assets and total liabilities are ₹12.1B and ₹6.7B respectively. Banswara Syntex's EBIT is ₹474.7M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹308.7M.
Key information
84.7%
Debt to equity ratio
₹4.56b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹308.68m |
| Equity | ₹5.38b |
| Total liabilities | ₹6.70b |
| Total assets | ₹12.08b |
Recent financial health updates
We Think Banswara Syntex (NSE:BANSWRAS) Is Taking Some Risk With Its Debt
Sep 05
Is Banswara Syntex (NSE:BANSWRAS) A Risky Investment?
Dec 06Recent updates
Investors Holding Back On Banswara Syntex Limited (NSE:BANSWRAS)
Jan 09We Think Banswara Syntex (NSE:BANSWRAS) Is Taking Some Risk With Its Debt
Sep 05Banswara Syntex's (NSE:BANSWRAS) Dividend Will Be Increased To ₹3.00
Jul 14We Think Banswara Syntex (NSE:BANSWRAS) Might Have The DNA Of A Multi-Bagger
Mar 29If EPS Growth Is Important To You, Banswara Syntex (NSE:BANSWRAS) Presents An Opportunity
Dec 24Investors Should Be Encouraged By Banswara Syntex's (NSE:BANSWRAS) Returns On Capital
Dec 06With EPS Growth And More, Banswara Syntex (NSE:BANSWRAS) Makes An Interesting Case
Aug 03Here's Why We Think Banswara Syntex (NSE:BANSWRAS) Is Well Worth Watching
Dec 21Capital Allocation Trends At Banswara Syntex (NSE:BANSWRAS) Aren't Ideal
Dec 03Here's Why I Think Banswara Syntex (NSE:BANSWRAS) Is An Interesting Stock
Sep 11Banswara Syntex's (NSE:BANSWRAS) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Apr 29The Returns On Capital At Banswara Syntex (NSE:BANSWRAS) Don't Inspire Confidence
Jan 28Are Banswara Syntex's (NSE:BANSWRAS) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 02
Is Banswara Syntex (NSE:BANSWRAS) A Risky Investment?
Dec 06Why Banswara Syntex Limited (NSE:BANSWRAS) Should Be In Your Dividend Portfolio
Nov 10Financial Position Analysis
Short Term Liabilities: BANSWRAS's short term assets (₹6.4B) exceed its short term liabilities (₹4.2B).
Long Term Liabilities: BANSWRAS's short term assets (₹6.4B) exceed its long term liabilities (₹2.5B).
Debt to Equity History and Analysis
Debt Level: BANSWRAS's net debt to equity ratio (78.9%) is considered high.
Reducing Debt: BANSWRAS's debt to equity ratio has reduced from 133.1% to 84.7% over the past 5 years.
Debt Coverage: BANSWRAS's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: BANSWRAS's interest payments on its debt are not well covered by EBIT (1.8x coverage).