BFL Asset Finvest Balance Sheet Health
Financial Health criteria checks 6/6
BFL Asset Finvest has a total shareholder equity of ₹237.4M and total debt of ₹9.5M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ₹284.6M and ₹47.2M respectively. BFL Asset Finvest's EBIT is ₹99.1M making its interest coverage ratio 47.1. It has cash and short-term investments of ₹13.3M.
Key information
4.0%
Debt to equity ratio
₹9.50m
Debt
| Interest coverage ratio | 47.1x |
| Cash | ₹13.32m |
| Equity | ₹237.42m |
| Total liabilities | ₹47.22m |
| Total assets | ₹284.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539662's short term assets (₹284.4M) exceed its short term liabilities (₹37.7M).
Long Term Liabilities: 539662's short term assets (₹284.4M) exceed its long term liabilities (₹9.5M).
Debt to Equity History and Analysis
Debt Level: 539662 has more cash than its total debt.
Reducing Debt: 539662's debt to equity ratio has reduced from 149.8% to 4% over the past 5 years.
Debt Coverage: 539662's debt is well covered by operating cash flow (702.9%).
Interest Coverage: 539662's interest payments on its debt are well covered by EBIT (47.1x coverage).