Bhandari Hosiery Exports Balance Sheet Health
Financial Health criteria checks 2/6
Bhandari Hosiery Exports has a total shareholder equity of ₹902.5M and total debt of ₹1.2B, which brings its debt-to-equity ratio to 132.6%. Its total assets and total liabilities are ₹2.3B and ₹1.4B respectively. Bhandari Hosiery Exports's EBIT is ₹190.5M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹29.7M.
Key information
132.6%
Debt to equity ratio
₹1.20b
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₹29.74m |
| Equity | ₹902.45m |
| Total liabilities | ₹1.43b |
| Total assets | ₹2.33b |
Recent financial health updates
Is Bhandari Hosiery Exports (NSE:BHANDARI) A Risky Investment?
Mar 14
Bhandari 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 22Does Bhandari Hosiery Exports (NSE:BHANDARI) Have A Healthy Balance Sheet?
Aug 10Recent updates
Investors 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
The Trends At Bhandari Hosiery Exports (NSE:BHANDARI) That You Should Know About
Sep 23Sentiment Still Eluding Bhandari Hosiery Exports Limited (NSE:BHANDARI)
Jul 27Market Still Lacking Some Conviction On Bhandari Hosiery Exports Limited (NSE:BHANDARI)
Jul 06Here's What To Make Of Bhandari Hosiery Exports' (NSE:BHANDARI) Returns On Capital
Jun 25Financial Position Analysis
Short Term Liabilities: BHANDARI's short term assets (₹1.7B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: BHANDARI's short term assets (₹1.7B) exceed its long term liabilities (₹404.2M).
Debt to Equity History and Analysis
Debt Level: BHANDARI's net debt to equity ratio (129.3%) is considered high.
Reducing Debt: BHANDARI's debt to equity ratio has increased from 130.3% to 132.6% over the past 5 years.
Debt Coverage: BHANDARI's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: BHANDARI's interest payments on its debt are not well covered by EBIT (1.9x coverage).