Bridge Securities Balance Sheet Health
Financial Health criteria checks 4/6
Bridge Securities has a total shareholder equity of ₹19.8M and total debt of ₹25.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ₹36.8M and ₹17.0M respectively. Bridge Securities's EBIT is ₹15.3M making its interest coverage ratio 1701.9. It has cash and short-term investments of ₹1.0M.
Key information
0.1%
Debt to equity ratio
₹25.00k
Debt
| Interest coverage ratio | 1701.9x |
| Cash | ₹1.05m |
| Equity | ₹19.79m |
| Total liabilities | ₹16.99m |
| Total assets | ₹36.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530249's short term assets (₹36.8M) exceed its short term liabilities (₹17.0M).
Long Term Liabilities: 530249 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 530249 has more cash than its total debt.
Reducing Debt: 530249's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 530249's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530249's interest payments on its debt are well covered by EBIT (1701.9x coverage).