Bannari Amman Sugars Balance Sheet Health
Financial Health criteria checks 6/6
Bannari Amman Sugars has a total shareholder equity of ₹17.3B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are ₹22.1B and ₹4.8B respectively. Bannari Amman Sugars's EBIT is ₹2.1B making its interest coverage ratio 10. It has cash and short-term investments of ₹193.2M.
Key information
9.3%
Debt to equity ratio
₹1.61b
Debt
| Interest coverage ratio | 10x |
| Cash | ₹193.18m |
| Equity | ₹17.31b |
| Total liabilities | ₹4.78b |
| Total assets | ₹22.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500041's short term assets (₹9.6B) exceed its short term liabilities (₹3.4B).
Long Term Liabilities: 500041's short term assets (₹9.6B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 500041's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: 500041's debt to equity ratio has reduced from 67.8% to 9.3% over the past 5 years.
Debt Coverage: 500041's debt is well covered by operating cash flow (231.8%).
Interest Coverage: 500041's interest payments on its debt are well covered by EBIT (10x coverage).