B & A Balance Sheet Health
Financial Health criteria checks 6/6
B & A has a total shareholder equity of ₹1.6B and total debt of ₹363.7M, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are ₹2.4B and ₹857.8M respectively. B & A's EBIT is ₹158.8M making its interest coverage ratio 5.5. It has cash and short-term investments of ₹228.9M.
Key information
22.9%
Debt to equity ratio
₹363.70m
Debt
Interest coverage ratio | 5.5x |
Cash | ₹228.86m |
Equity | ₹1.59b |
Total liabilities | ₹857.82m |
Total assets | ₹2.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 508136's short term assets (₹1.4B) exceed its short term liabilities (₹653.7M).
Long Term Liabilities: 508136's short term assets (₹1.4B) exceed its long term liabilities (₹204.1M).
Debt to Equity History and Analysis
Debt Level: 508136's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: 508136's debt to equity ratio has reduced from 55.9% to 22.9% over the past 5 years.
Debt Coverage: 508136's debt is well covered by operating cash flow (64.8%).
Interest Coverage: 508136's interest payments on its debt are well covered by EBIT (5.5x coverage).