Bharat Highways InvIT Balance Sheet Health
Financial Health criteria checks 1/6
Bharat Highways InvIT has a total shareholder equity of ₹12.2B and total debt of ₹43.4B, which brings its debt-to-equity ratio to 356%. Its total assets and total liabilities are ₹59.2B and ₹47.0B respectively. Bharat Highways InvIT's EBIT is ₹10.1B making its interest coverage ratio 2.8. It has cash and short-term investments of ₹3.5B.
Key information
356.0%
Debt to equity ratio
₹43.38b
Debt
Interest coverage ratio | 2.8x |
Cash | ₹3.48b |
Equity | ₹12.19b |
Total liabilities | ₹46.98b |
Total assets | ₹59.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BHINVIT's short term assets (₹12.1B) exceed its short term liabilities (₹4.1B).
Long Term Liabilities: BHINVIT's short term assets (₹12.1B) do not cover its long term liabilities (₹42.9B).
Debt to Equity History and Analysis
Debt Level: BHINVIT's net debt to equity ratio (327.4%) is considered high.
Reducing Debt: Insufficient data to determine if BHINVIT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BHINVIT's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: BHINVIT's interest payments on its debt are not well covered by EBIT (2.8x coverage).