BFL Asset Finvest Balance Sheet Health
Financial Health criteria checks 3/6
BFL Asset Finvest has a total shareholder equity of ₹142.0M and total debt of ₹63.5M, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are ₹205.8M and ₹63.8M respectively. BFL Asset Finvest's EBIT is ₹48.0M making its interest coverage ratio 9.5. It has cash and short-term investments of ₹1.7M.
Key information
44.7%
Debt to equity ratio
₹63.46m
Debt
Interest coverage ratio | 9.5x |
Cash | ₹1.66m |
Equity | ₹141.96m |
Total liabilities | ₹63.84m |
Total assets | ₹205.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539662's short term assets (₹204.3M) exceed its short term liabilities (₹378.0K).
Long Term Liabilities: 539662's short term assets (₹204.3M) exceed its long term liabilities (₹63.5M).
Debt to Equity History and Analysis
Debt Level: 539662's net debt to equity ratio (43.5%) is considered high.
Reducing Debt: 539662's debt to equity ratio has increased from 0% to 44.7% over the past 5 years.
Debt Coverage: 539662's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539662's interest payments on its debt are well covered by EBIT (9.5x coverage).