Bajaj Housing Finance Balance Sheet Health
Financial Health criteria checks 3/6
Bajaj Housing Finance has a total shareholder equity of ₹187.9B and total debt of ₹744.5B, which brings its debt-to-equity ratio to 396.3%. Its total assets and total liabilities are ₹938.0B and ₹750.1B respectively. Bajaj Housing Finance's EBIT is ₹77.9B making its interest coverage ratio 1.4. It has cash and short-term investments of ₹15.9B.
Key information
396.3%
Debt to equity ratio
₹744.50b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹15.89b |
| Equity | ₹187.85b |
| Total liabilities | ₹750.14b |
| Total assets | ₹937.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAJAJHFL's short term assets (₹919.8B) exceed its short term liabilities (₹2.5B).
Long Term Liabilities: BAJAJHFL's short term assets (₹919.8B) exceed its long term liabilities (₹747.6B).
Debt to Equity History and Analysis
Debt Level: BAJAJHFL's net debt to equity ratio (387.9%) is considered high.
Reducing Debt: BAJAJHFL's debt to equity ratio has reduced from 444.9% to 396.3% over the past 5 years.
Debt Coverage: BAJAJHFL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BAJAJHFL's interest payments on its debt are not well covered by EBIT (1.4x coverage).