BITS Balance Sheet Health
Financial Health criteria checks 5/6
BITS has a total shareholder equity of ₹200.0M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹205.8M and ₹5.8M respectively. BITS's EBIT is ₹84.0K making its interest coverage ratio 1.8. It has cash and short-term investments of ₹2.6M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹2.61m |
| Equity | ₹200.00m |
| Total liabilities | ₹5.82m |
| Total assets | ₹205.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526709's short term assets (₹3.4M) exceed its short term liabilities (₹2.3M).
Long Term Liabilities: 526709's short term assets (₹3.4M) do not cover its long term liabilities (₹3.5M).
Debt to Equity History and Analysis
Debt Level: 526709 is debt free.
Reducing Debt: 526709 has not had any debt for past 5 years.
Debt Coverage: 526709 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 526709 has no debt, therefore coverage of interest payments is not a concern.