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
Recent updates
We Take A Look At Whether BCL Industries Limited's (NSE:BCLIND) CEO May Be Underpaid
Sep 13
Does BCL Industries (NSE:BCLIND) Have A Healthy Balance Sheet?
Jul 23Investors Could Be Concerned With BCL Industries' (NSE:BCLIND) Returns On Capital
Jun 17BCL Industries' (NSE:BCLIND) Earnings Are Weaker Than They Seem
May 30Not Many Are Piling Into BCL Industries Limited (NSE:BCLIND) Stock Yet As It Plummets 32%
Mar 17Investors Continue Waiting On Sidelines For BCL Industries Limited (NSE:BCLIND)
Jan 08BCL Industries' (NSE:BCLIND) Upcoming Dividend Will Be Larger Than Last Year's
Sep 11BCL Industries (NSE:BCLIND) Has Announced That It Will Be Increasing Its Dividend To ₹5.00
Aug 28BCL Industries (NSE:BCLIND) Has Announced That It Will Be Increasing Its Dividend To ₹5.00
Aug 14BCL Industries (NSE:BCLIND) Is Reducing Its Dividend To ₹3.00
Sep 06BCL Industries (NSE:BCLIND) Will Pay A Smaller Dividend Than Last Year
Aug 21BCL Industries (NSE:BCLIND) Has Announced That Its Dividend Will Be Reduced To ₹3.00
Aug 07BCL Industries (NSE:BCLIND) Is Reducing Its Dividend To ₹3.00
Jul 14BCL Industries' (NSE:BCLIND) Shareholders Will Receive A Smaller Dividend Than Last Year
May 31BCL Industries (NSE:BCLIND) Knows How To Allocate Capital Effectively
Mar 03BCL Industries (NSE:BCLIND) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Jun 16Investors Don't See Light At End Of BCL Industries Limited's (NSE:BCLIND) Tunnel
Apr 09Financial Position Analysis
Short Term Liabilities: BCLIND's short term assets (₹6.6B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: BCLIND's short term assets (₹6.6B) exceed its long term liabilities (₹2.7B).
Debt to Equity History and Analysis
Debt Level: BCLIND's net debt to equity ratio (45.7%) is considered high.
Reducing Debt: BCLIND's debt to equity ratio has reduced from 93.1% to 48% over the past 5 years.
Debt Coverage: BCLIND's debt is well covered by operating cash flow (40.2%).
Interest Coverage: BCLIND's interest payments on its debt are well covered by EBIT (5.4x coverage).