BCL Industries Balance Sheet Health
Financial Health criteria checks 4/6
BCL Industries has a total shareholder equity of ₹6.7B and total debt of ₹4.8B, which brings its debt-to-equity ratio to 70.7%. Its total assets and total liabilities are ₹13.0B and ₹6.3B respectively. BCL Industries's EBIT is ₹1.6B making its interest coverage ratio 4.9. It has cash and short-term investments of ₹57.4M.
Key information
70.7%
Debt to equity ratio
₹4.76b
Debt
Interest coverage ratio | 4.9x |
Cash | ₹57.43m |
Equity | ₹6.74b |
Total liabilities | ₹6.27b |
Total assets | ₹13.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524332's short term assets (₹6.3B) exceed its short term liabilities (₹3.5B).
Long Term Liabilities: 524332's short term assets (₹6.3B) exceed its long term liabilities (₹2.8B).
Debt to Equity History and Analysis
Debt Level: 524332's net debt to equity ratio (69.8%) is considered high.
Reducing Debt: 524332's debt to equity ratio has reduced from 105% to 70.7% over the past 5 years.
Debt Coverage: 524332's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: 524332's interest payments on its debt are well covered by EBIT (4.9x coverage).