Britannia Industries Balance Sheet Health
Financial Health criteria checks 3/6
Britannia Industries has a total shareholder equity of ₹28.7B and total debt of ₹27.8B, which brings its debt-to-equity ratio to 96.7%. Its total assets and total liabilities are ₹87.5B and ₹58.8B respectively. Britannia Industries's EBIT is ₹29.0B making its interest coverage ratio 492.8. It has cash and short-term investments of ₹8.5B.
Key information
96.7%
Debt to equity ratio
₹27.78b
Debt
| Interest coverage ratio | 492.8x |
| Cash | ₹8.47b |
| Equity | ₹28.74b |
| Total liabilities | ₹58.75b |
| Total assets | ₹87.49b |
Recent financial health updates
Britannia Industries (NSE:BRITANNIA) Could Easily Take On More Debt
Mar 21
These 4 Measures Indicate That Britannia Industries (NSE:BRITANNIA) Is Using Debt Safely
Nov 07Does Britannia Industries (NSE:BRITANNIA) Have A Healthy Balance Sheet?
Jul 01Britannia Industries (NSE:BRITANNIA) Has A Pretty Healthy Balance Sheet
Mar 20Is Britannia Industries (NSE:BRITANNIA) A Risky Investment?
Dec 19Does Britannia Industries (NSE:BRITANNIA) Have A Healthy Balance Sheet?
Jul 01Recent updates
Britannia Industries Limited's (NSE:BRITANNIA) Shareholders Might Be Looking For Exit
Apr 17Britannia Industries (NSE:BRITANNIA) Could Easily Take On More Debt
Mar 21Risks To Shareholder Returns Are Elevated At These Prices For Britannia Industries Limited (NSE:BRITANNIA)
Jan 09Does Britannia Industries (NSE:BRITANNIA) Deserve A Spot On Your Watchlist?
Nov 28These 4 Measures Indicate That Britannia Industries (NSE:BRITANNIA) Is Using Debt Safely
Nov 07If EPS Growth Is Important To You, Britannia Industries (NSE:BRITANNIA) Presents An Opportunity
Aug 04Does Britannia Industries (NSE:BRITANNIA) Have A Healthy Balance Sheet?
Jul 01Investors Shouldn't Overlook Britannia Industries' (NSE:BRITANNIA) Impressive Returns On Capital
May 07Britannia Industries (NSE:BRITANNIA) Has A Pretty Healthy Balance Sheet
Mar 20Is Britannia Industries (NSE:BRITANNIA) A Risky Investment?
Dec 19Does Britannia Industries (NSE:BRITANNIA) Have A Healthy Balance Sheet?
Jul 01These 4 Measures Indicate That Britannia Industries (NSE:BRITANNIA) Is Using Debt Reasonably Well
Jan 01Here's Why Britannia Industries (NSE:BRITANNIA) Can Manage Its Debt Responsibly
Sep 15Britannia Industries Limited's (NSE:BRITANNIA) CEO Compensation Looks Acceptable To Us And Here's Why
Aug 30Many Would Be Envious Of Britannia Industries' (NSE:BRITANNIA) Excellent Returns On Capital
Aug 16These 4 Measures Indicate That Britannia Industries (NSE:BRITANNIA) Is Using Debt Safely
May 16Should Britannia Industries Limited (NSE:BRITANNIA) Be Part Of Your Dividend Portfolio?
Mar 27What Kind Of Shareholders Own Britannia Industries Limited (NSE:BRITANNIA)?
Mar 12Announcing: Britannia Industries (NSE:BRITANNIA) Stock Increased An Energizing 140% In The Last Five Years
Feb 25Britannia Industries (NSE:BRITANNIA) Seems To Use Debt Rather Sparingly
Feb 12
How Much Are Britannia Industries Limited (NSE:BRITANNIA) Insiders Taking Off The Table?
Jan 30What Does Britannia Industries' (NSE:BRITANNIA) CEO Pay Reveal?
Jan 17Britannia Industries Limited's (NSE:BRITANNIA) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Jan 04How Does Britannia Industries Limited (NSE:BRITANNIA) Fare As A Dividend Stock?
Dec 22Do Institutions Own Britannia Industries Limited (NSE:BRITANNIA) Shares?
Dec 09Can You Imagine How Jubilant Britannia Industries' (NSE:BRITANNIA) Shareholders Feel About Its 142% Share Price Gain?
Nov 26How Is Britannia Industries' (NSE:BRITANNIA) CEO Compensated?
Jul 09Is Britannia Industries Limited's (NSE:BRITANNIA) Latest Stock Performance A Reflection Of Its Financial Health?
Jun 27Financial Position Analysis
Short Term Liabilities: BRITANNIA's short term assets (₹43.0B) do not cover its short term liabilities (₹49.7B).
Long Term Liabilities: BRITANNIA's short term assets (₹43.0B) exceed its long term liabilities (₹9.0B).
Debt to Equity History and Analysis
Debt Level: BRITANNIA's net debt to equity ratio (67.2%) is considered high.
Reducing Debt: BRITANNIA's debt to equity ratio has increased from 4.3% to 96.7% over the past 5 years.
Debt Coverage: BRITANNIA's debt is well covered by operating cash flow (99.4%).
Interest Coverage: BRITANNIA's interest payments on its debt are well covered by EBIT (492.8x coverage).