BCL Industries Balance Sheet Health
Financial Health criteria checks 4/6
BCL Industries has a total shareholder equity of ₹5.7B and total debt of ₹5.1B, which brings its debt-to-equity ratio to 89.1%. Its total assets and total liabilities are ₹12.3B and ₹6.6B respectively. BCL Industries's EBIT is ₹1.6B making its interest coverage ratio 5. It has cash and short-term investments of ₹256.5M.
Key information
89.1%
Debt to equity ratio
₹5.09b
Debt
Interest coverage ratio | 5x |
Cash | ₹256.47m |
Equity | ₹5.71b |
Total liabilities | ₹6.60b |
Total assets | ₹12.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524332's short term assets (₹5.8B) exceed its short term liabilities (₹3.8B).
Long Term Liabilities: 524332's short term assets (₹5.8B) exceed its long term liabilities (₹2.8B).
Debt to Equity History and Analysis
Debt Level: 524332's net debt to equity ratio (84.6%) is considered high.
Reducing Debt: 524332's debt to equity ratio has reduced from 114.9% to 89.1% over the past 5 years.
Debt Coverage: 524332's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: 524332's interest payments on its debt are well covered by EBIT (5x coverage).