Byke Hospitality Balance Sheet Health
Financial Health criteria checks 3/6
Byke Hospitality has a total shareholder equity of ₹1.6B and total debt of ₹697.6M, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are ₹2.4B and ₹746.7M respectively. Byke Hospitality's EBIT is ₹113.1M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹21.2M.
Key information
43.1%
Debt to equity ratio
₹697.58m
Debt
Interest coverage ratio | 1.6x |
Cash | ₹21.15m |
Equity | ₹1.62b |
Total liabilities | ₹746.70m |
Total assets | ₹2.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531373's short term assets (₹509.4M) exceed its short term liabilities (₹318.6M).
Long Term Liabilities: 531373's short term assets (₹509.4M) exceed its long term liabilities (₹428.1M).
Debt to Equity History and Analysis
Debt Level: 531373's net debt to equity ratio (41.8%) is considered high.
Reducing Debt: 531373's debt to equity ratio has increased from 10.5% to 43.1% over the past 5 years.
Debt Coverage: 531373's debt is well covered by operating cash flow (78.4%).
Interest Coverage: 531373's interest payments on its debt are not well covered by EBIT (1.6x coverage).