Bannari Amman Sugars Balance Sheet Health
Financial Health criteria checks 6/6
Bannari Amman Sugars has a total shareholder equity of ₹16.0B and total debt of ₹3.7B, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are ₹22.4B and ₹6.4B respectively. Bannari Amman Sugars's EBIT is ₹3.0B making its interest coverage ratio -202.3. It has cash and short-term investments of ₹28.4M.
Key information
23.4%
Debt to equity ratio
₹3.74b
Debt
Interest coverage ratio | -202.3x |
Cash | ₹28.40m |
Equity | ₹15.99b |
Total liabilities | ₹6.36b |
Total assets | ₹22.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500041's short term assets (₹10.4B) exceed its short term liabilities (₹4.3B).
Long Term Liabilities: 500041's short term assets (₹10.4B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: 500041's net debt to equity ratio (23.2%) is considered satisfactory.
Reducing Debt: 500041's debt to equity ratio has reduced from 44.1% to 23.4% over the past 5 years.
Debt Coverage: 500041's debt is well covered by operating cash flow (163.8%).
Interest Coverage: 500041 earns more interest than it pays, so coverage of interest payments is not a concern.