Bannari Amman Spinning Mills Balance Sheet Health
Financial Health criteria checks 3/6
Bannari Amman Spinning Mills has a total shareholder equity of ₹4.1B and total debt of ₹4.7B, which brings its debt-to-equity ratio to 114.9%. Its total assets and total liabilities are ₹10.1B and ₹6.1B respectively. Bannari Amman Spinning Mills's EBIT is ₹75.5M making its interest coverage ratio 0.2. It has cash and short-term investments of ₹201.4M.
Key information
114.9%
Debt to equity ratio
₹4.67b
Debt
| Interest coverage ratio | 0.2x |
| Cash | ₹201.36m |
| Equity | ₹4.06b |
| Total liabilities | ₹6.05b |
| Total assets | ₹10.11b |
Recent financial health updates
These 4 Measures Indicate That Bannari Amman Spinning Mills (NSE:BASML) Is Using Debt In A Risky Way
Jul 30
Bannari Amman Spinning Mills (NSE:BASML) Seems To Be Using A Lot Of Debt
Jan 11Is 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) Share Price Boosted 25% But Its Business Prospects Need A Lift Too
Jul 31These 4 Measures Indicate That Bannari Amman Spinning Mills (NSE:BASML) Is Using Debt In A Risky Way
Jul 30Bannari Amman Spinning Mills Ltd (NSE:BASML) Stock Catapults 30% Though Its Price And Business Still Lag The Industry
Apr 28Bannari 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 (₹5.1B) exceed its short term liabilities (₹4.1B).
Long Term Liabilities: BASML's short term assets (₹5.1B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: BASML's net debt to equity ratio (110%) is considered high.
Reducing Debt: BASML's debt to equity ratio has reduced from 203.1% to 114.9% over the past 5 years.
Debt Coverage: BASML's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: BASML's interest payments on its debt are not well covered by EBIT (0.2x coverage).