Bajaj Consumer Care Balance Sheet Health
Financial Health criteria checks 6/6
Bajaj Consumer Care has a total shareholder equity of ₹8.0B and total debt of ₹109.4M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ₹9.6B and ₹1.6B respectively. Bajaj Consumer Care's EBIT is ₹1.5B making its interest coverage ratio -4.1. It has cash and short-term investments of ₹5.8B.
Key information
1.4%
Debt to equity ratio
₹109.38m
Debt
Interest coverage ratio | -4.1x |
Cash | ₹5.83b |
Equity | ₹8.01b |
Total liabilities | ₹1.57b |
Total assets | ₹9.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533229's short term assets (₹7.6B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 533229's short term assets (₹7.6B) exceed its long term liabilities (₹104.4M).
Debt to Equity History and Analysis
Debt Level: 533229 has more cash than its total debt.
Reducing Debt: 533229's debt to equity ratio has reduced from 4.7% to 1.4% over the past 5 years.
Debt Coverage: 533229's debt is well covered by operating cash flow (856.5%).
Interest Coverage: 533229 earns more interest than it pays, so coverage of interest payments is not a concern.