Best Eastern Hotels Balance Sheet Health
Financial Health criteria checks 2/6
Best Eastern Hotels has a total shareholder equity of ₹27.7M and total debt of ₹26.6M, which brings its debt-to-equity ratio to 95.9%. Its total assets and total liabilities are ₹63.9M and ₹36.2M respectively. Best Eastern Hotels's EBIT is ₹5.7M making its interest coverage ratio 5.8. It has cash and short-term investments of ₹742.0K.
Key information
95.9%
Debt to equity ratio
₹26.61m
Debt
| Interest coverage ratio | 5.8x |
| Cash | ₹742.00k |
| Equity | ₹27.74m |
| Total liabilities | ₹36.21m |
| Total assets | ₹63.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 508664's short term assets (₹4.3M) do not cover its short term liabilities (₹18.3M).
Long Term Liabilities: 508664's short term assets (₹4.3M) do not cover its long term liabilities (₹17.9M).
Debt to Equity History and Analysis
Debt Level: 508664's net debt to equity ratio (93.3%) is considered high.
Reducing Debt: 508664's debt to equity ratio has increased from 77.3% to 95.9% over the past 5 years.
Debt Coverage: 508664's debt is well covered by operating cash flow (29%).
Interest Coverage: 508664's interest payments on its debt are well covered by EBIT (5.8x coverage).