Best Eastern Hotels Balance Sheet Health
Financial Health criteria checks 1/6
Best Eastern Hotels has a total shareholder equity of ₹25.6M and total debt of ₹19.1M, which brings its debt-to-equity ratio to 74.6%. Its total assets and total liabilities are ₹57.4M and ₹31.7M respectively. Best Eastern Hotels's EBIT is ₹5.3M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹3.2M.
Key information
74.6%
Debt to equity ratio
₹19.11m
Debt
| Interest coverage ratio | 2.8x |
| Cash | ₹3.18m |
| Equity | ₹25.61m |
| Total liabilities | ₹31.75m |
| Total assets | ₹57.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 508664's short term assets (₹5.9M) do not cover its short term liabilities (₹16.9M).
Long Term Liabilities: 508664's short term assets (₹5.9M) do not cover its long term liabilities (₹14.9M).
Debt to Equity History and Analysis
Debt Level: 508664's net debt to equity ratio (62.2%) is considered high.
Reducing Debt: 508664's debt to equity ratio has increased from 66.8% to 74.6% over the past 5 years.
Debt Coverage: 508664's debt is well covered by operating cash flow (41%).
Interest Coverage: 508664's interest payments on its debt are not well covered by EBIT (2.8x coverage).