Bajaj Housing Finance Balance Sheet Health
Financial Health criteria checks 2/6
Bajaj Housing Finance has a total shareholder equity of ₹147.2B and total debt of ₹731.5B, which brings its debt-to-equity ratio to 497%. Its total assets and total liabilities are ₹885.4B and ₹738.2B respectively. Bajaj Housing Finance's EBIT is ₹73.0B making its interest coverage ratio 1.5. It has cash and short-term investments of ₹22.1B.
Key information
497.0%
Debt to equity ratio
₹731.55b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹22.09b |
| Equity | ₹147.20b |
| Total liabilities | ₹738.19b |
| Total assets | ₹885.39b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 544252's short term assets (₹878.0B) exceed its short term liabilities (₹110.2B).
Long Term Liabilities: 544252's short term assets (₹878.0B) exceed its long term liabilities (₹628.0B).
Debt to Equity History and Analysis
Debt Level: 544252's net debt to equity ratio (482%) is considered high.
Reducing Debt: 544252's debt to equity ratio has increased from 435.3% to 497% over the past 5 years.
Debt Coverage: 544252's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544252's interest payments on its debt are not well covered by EBIT (1.5x coverage).