Bhandari Hosiery Exports Balance Sheet Health
Financial Health criteria checks 4/6
Bhandari Hosiery Exports has a total shareholder equity of ₹1.5B and total debt of ₹866.5M, which brings its debt-to-equity ratio to 57.7%. Its total assets and total liabilities are ₹2.7B and ₹1.2B respectively. Bhandari Hosiery Exports's EBIT is ₹206.4M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹41.9M.
Key information
57.7%
Debt to equity ratio
₹866.55m
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹41.86m |
| Equity | ₹1.50b |
| Total liabilities | ₹1.19b |
| Total assets | ₹2.70b |
Recent financial health updates
Is Bhandari Hosiery Exports (NSE:BHANDARI) Using Too Much Debt?
Nov 29
Is Bhandari Hosiery Exports (NSE:BHANDARI) A Risky Investment?
Mar 14Bhandari Hosiery Exports (NSE:BHANDARI) Has A Somewhat Strained Balance Sheet
Aug 10Bhandari Hosiery Exports (NSE:BHANDARI) Use Of Debt Could Be Considered Risky
Dec 31We Think Bhandari Hosiery Exports (NSE:BHANDARI) Is Taking Some Risk With Its Debt
Sep 28Bhandari Hosiery Exports (NSE:BHANDARI) Has A Somewhat Strained Balance Sheet
Jan 22Recent updates
Is Bhandari Hosiery Exports (NSE:BHANDARI) Using Too Much Debt?
Nov 29Bhandari Hosiery Exports Limited's (NSE:BHANDARI) Share Price Is Matching Sentiment Around Its Earnings
Oct 14Investors Give Bhandari Hosiery Exports Limited (NSE:BHANDARI) Shares A 31% Hiding
Mar 28Is Bhandari Hosiery Exports (NSE:BHANDARI) A Risky Investment?
Mar 14Return Trends At Bhandari Hosiery Exports (NSE:BHANDARI) Aren't Appealing
Jan 05A Look At The Intrinsic Value Of Bhandari Hosiery Exports Limited (NSE:BHANDARI)
Oct 26Returns At Bhandari Hosiery Exports (NSE:BHANDARI) Appear To Be Weighed Down
Sep 28Bhandari Hosiery Exports (NSE:BHANDARI) Has A Somewhat Strained Balance Sheet
Aug 10Returns Are Gaining Momentum At Bhandari Hosiery Exports (NSE:BHANDARI)
Mar 29Bhandari Hosiery Exports (NSE:BHANDARI) Use Of Debt Could Be Considered Risky
Dec 31Bhandari Hosiery Exports (NSE:BHANDARI) Shareholders Will Want The ROCE Trajectory To Continue
Dec 09Do Bhandari Hosiery Exports' (NSE:BHANDARI) Earnings Warrant Your Attention?
Nov 18We Think Bhandari Hosiery Exports (NSE:BHANDARI) Is Taking Some Risk With Its Debt
Sep 28Investors Will Want Bhandari Hosiery Exports' (NSE:BHANDARI) Growth In ROCE To Persist
Jun 17Investors Met With Slowing Returns on Capital At Bhandari Hosiery Exports (NSE:BHANDARI)
Mar 02Bhandari Hosiery Exports (NSE:BHANDARI) Has A Somewhat Strained Balance Sheet
Jan 22Slowing Rates Of Return At Bhandari Hosiery Exports (NSE:BHANDARI) Leave Little Room For Excitement
Nov 26Shareholders May Not Be So Generous With Bhandari Hosiery Exports Limited's (NSE:BHANDARI) CEO Compensation And Here's Why
Sep 24Does Bhandari Hosiery Exports (NSE:BHANDARI) Have A Healthy Balance Sheet?
Aug 10Returns On Capital Signal Tricky Times Ahead For Bhandari Hosiery Exports (NSE:BHANDARI)
Jun 28Some Investors May Be Worried About Bhandari Hosiery Exports' (NSE:BHANDARI) Returns On Capital
Mar 22Bhandari Hosiery Exports (NSE:BHANDARI) Has No Shortage Of Debt
Jan 17Should We Be Excited About The Trends Of Returns At Bhandari Hosiery Exports (NSE:BHANDARI)?
Dec 22
Financial Position Analysis
Short Term Liabilities: BHANDARI's short term assets (₹1.9B) exceed its short term liabilities (₹875.0M).
Long Term Liabilities: BHANDARI's short term assets (₹1.9B) exceed its long term liabilities (₹318.7M).
Debt to Equity History and Analysis
Debt Level: BHANDARI's net debt to equity ratio (54.9%) is considered high.
Reducing Debt: BHANDARI's debt to equity ratio has reduced from 146.7% to 57.7% over the past 5 years.
Debt Coverage: BHANDARI's debt is well covered by operating cash flow (54.3%).
Interest Coverage: BHANDARI's interest payments on its debt are not well covered by EBIT (1.8x coverage).