B & A Balance Sheet Health
Financial Health criteria checks 6/6
B & A has a total shareholder equity of ₹1.8B and total debt of ₹699.7M, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are ₹3.0B and ₹1.3B respectively. B & A's EBIT is ₹197.1M making its interest coverage ratio 6.6. It has cash and short-term investments of ₹366.7M.
Key information
39.7%
Debt to equity ratio
₹699.74m
Debt
| Interest coverage ratio | 6.6x |
| Cash | ₹366.68m |
| Equity | ₹1.76b |
| Total liabilities | ₹1.27b |
| Total assets | ₹3.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 508136's short term assets (₹1.7B) exceed its short term liabilities (₹861.6M).
Long Term Liabilities: 508136's short term assets (₹1.7B) exceed its long term liabilities (₹407.9M).
Debt to Equity History and Analysis
Debt Level: 508136's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: 508136's debt to equity ratio has reduced from 49.7% to 39.7% over the past 5 years.
Debt Coverage: 508136's debt is well covered by operating cash flow (35.3%).
Interest Coverage: 508136's interest payments on its debt are well covered by EBIT (6.6x coverage).