Bikaji Foods International Balance Sheet Health
Financial Health criteria checks 5/6
Bikaji Foods International has a total shareholder equity of ₹10.4B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are ₹14.4B and ₹4.0B respectively. Bikaji Foods International's EBIT is ₹2.4B making its interest coverage ratio -795.9. It has cash and short-term investments of ₹277.4M.
Key information
20.0%
Debt to equity ratio
₹2.09b
Debt
Interest coverage ratio | -795.9x |
Cash | ₹277.41m |
Equity | ₹10.45b |
Total liabilities | ₹3.99b |
Total assets | ₹14.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543653's short term assets (₹5.2B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: 543653's short term assets (₹5.2B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 543653's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543653's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543653's debt is well covered by operating cash flow (105.1%).
Interest Coverage: 543653 earns more interest than it pays, so coverage of interest payments is not a concern.