Chandra Bhagat Pharma Balance Sheet Health
Financial Health criteria checks 4/6
Chandra Bhagat Pharma has a total shareholder equity of ₹281.1M and total debt of ₹175.5M, which brings its debt-to-equity ratio to 62.4%. Its total assets and total liabilities are ₹596.5M and ₹315.4M respectively. Chandra Bhagat Pharma's EBIT is ₹36.7M making its interest coverage ratio 2.1. It has cash and short-term investments of ₹9.7M.
Key information
62.4%
Debt to equity ratio
₹175.45m
Debt
Interest coverage ratio | 2.1x |
Cash | ₹9.73m |
Equity | ₹281.14m |
Total liabilities | ₹315.41m |
Total assets | ₹596.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542934's short term assets (₹564.6M) exceed its short term liabilities (₹253.8M).
Long Term Liabilities: 542934's short term assets (₹564.6M) exceed its long term liabilities (₹61.6M).
Debt to Equity History and Analysis
Debt Level: 542934's net debt to equity ratio (58.9%) is considered high.
Reducing Debt: 542934's debt to equity ratio has reduced from 231.5% to 62.4% over the past 5 years.
Debt Coverage: 542934's debt is well covered by operating cash flow (44.7%).
Interest Coverage: 542934's interest payments on its debt are not well covered by EBIT (2.1x coverage).