Bihar Sponge Iron Balance Sheet Health
Financial Health criteria checks 0/6
Bihar Sponge Iron has a total shareholder equity of ₹-613.8M and total debt of ₹1.2B, which brings its debt-to-equity ratio to -201.1%. Its total assets and total liabilities are ₹1.6B and ₹2.2B respectively.
Key information
-201.1%
Debt to equity ratio
₹1.23b
Debt
Interest coverage ratio | n/a |
Cash | ₹21.92m |
Equity | -₹613.75m |
Total liabilities | ₹2.19b |
Total assets | ₹1.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500058 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 500058 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 500058 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 500058's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 500058's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: Insufficient data to determine if 500058's interest payments on its debt are well covered by EBIT.