BCL Industries Balance Sheet Health
Financial Health criteria checks 5/6
BCL Industries has a total shareholder equity of ₹7.8B and total debt of ₹3.8B, which brings its debt-to-equity ratio to 48%. Its total assets and total liabilities are ₹13.5B and ₹5.7B respectively. BCL Industries's EBIT is ₹1.8B making its interest coverage ratio 5.4. It has cash and short-term investments of ₹184.1M.
Key information
48.0%
Debt to equity ratio
₹3.76b
Debt
| Interest coverage ratio | 5.4x |
| Cash | ₹184.14m |
| Equity | ₹7.83b |
| Total liabilities | ₹5.68b |
| Total assets | ₹13.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524332's short term assets (₹6.6B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: 524332's short term assets (₹6.6B) exceed its long term liabilities (₹2.7B).
Debt to Equity History and Analysis
Debt Level: 524332's net debt to equity ratio (45.7%) is considered high.
Reducing Debt: 524332's debt to equity ratio has reduced from 93.1% to 48% over the past 5 years.
Debt Coverage: 524332's debt is well covered by operating cash flow (40.2%).
Interest Coverage: 524332's interest payments on its debt are well covered by EBIT (5.4x coverage).