Bannari Amman Spinning Mills Balance Sheet Health
Financial Health criteria checks 3/6
Bannari Amman Spinning Mills has a total shareholder equity of ₹4.6B and total debt of ₹6.0B, which brings its debt-to-equity ratio to 130.2%. Its total assets and total liabilities are ₹12.4B and ₹7.8B respectively. Bannari Amman Spinning Mills's EBIT is ₹264.6M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹146.5M.
Key information
130.2%
Debt to equity ratio
₹6.04b
Debt
| Interest coverage ratio | 0.5x |
| Cash | ₹146.51m |
| Equity | ₹4.64b |
| Total liabilities | ₹7.80b |
| Total assets | ₹12.44b |
Recent financial health updates
Bannari Amman Spinning Mills (NSE:BASML) Seems To Be Using A Lot Of Debt
Jan 11
Is Bannari Amman Spinning Mills (NSE:BASML) A Risky Investment?
Jun 08Is Bannari Amman Spinning Mills (NSE:BASML) Using Too Much Debt?
Dec 02Here's Why Bannari Amman Spinning Mills (NSE:BASML) Is Weighed Down By Its Debt Load
Dec 15
Recent updates
Bannari Amman Spinning Mills Ltd's (NSE:BASML) Shares Lagging The Industry But So Is The Business
Mar 14Bannari Amman Spinning Mills (NSE:BASML) Seems To Be Using A Lot Of Debt
Jan 11Returns On Capital Signal Tricky Times Ahead For Bannari Amman Spinning Mills (NSE:BASML)
Aug 24Is Bannari Amman Spinning Mills (NSE:BASML) A Risky Investment?
Jun 08Is Bannari Amman Spinning Mills (NSE:BASML) Using Too Much Debt?
Dec 02Bannari Amman Spinning Mills (NSE:BASML) Is Looking To Continue Growing Its Returns On Capital
Aug 19We Like Bannari Amman Spinning Mills' (NSE:BASML) Returns And Here's How They're Trending
Apr 29The Return Trends At Bannari Amman Spinning Mills (NSE:BASML) Look Promising
Jan 10Bannari Amman Spinning Mills (NSE:BASML) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 17Returns Are Gaining Momentum At Bannari Amman Spinning Mills (NSE:BASML)
Oct 06Returns On Capital At Bannari Amman Spinning Mills (NSE:BASML) Paint A Concerning Picture
Feb 06Here's Why Bannari Amman Spinning Mills (NSE:BASML) Is Weighed Down By Its Debt Load
Dec 15Here's What's Concerning About Bannari Amman Spinning Mills (NSE:BASML)
Oct 23Financial Position Analysis
Short Term Liabilities: BASML's short term assets (₹5.9B) exceed its short term liabilities (₹4.8B).
Long Term Liabilities: BASML's short term assets (₹5.9B) exceed its long term liabilities (₹3.0B).
Debt to Equity History and Analysis
Debt Level: BASML's net debt to equity ratio (127%) is considered high.
Reducing Debt: BASML's debt to equity ratio has reduced from 212.3% to 130.2% over the past 5 years.
Debt Coverage: BASML's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: BASML's interest payments on its debt are not well covered by EBIT (0.5x coverage).