Mrs. Bectors Food Specialities Balance Sheet Health
Financial Health criteria checks 6/6
Mrs. Bectors Food Specialities has a total shareholder equity of ₹6.1B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are ₹9.6B and ₹3.6B respectively. Mrs. Bectors Food Specialities's EBIT is ₹1.7B making its interest coverage ratio 28.3. It has cash and short-term investments of ₹1.3B.
Key information
24.9%
Debt to equity ratio
₹1.51b
Debt
Interest coverage ratio | 28.3x |
Cash | ₹1.26b |
Equity | ₹6.06b |
Total liabilities | ₹3.56b |
Total assets | ₹9.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543253's short term assets (₹3.9B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: 543253's short term assets (₹3.9B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 543253's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: 543253's debt to equity ratio has reduced from 53.3% to 24.9% over the past 5 years.
Debt Coverage: 543253's debt is well covered by operating cash flow (122.3%).
Interest Coverage: 543253's interest payments on its debt are well covered by EBIT (28.3x coverage).