Bihar Sponge Iron Balance Sheet Health
Financial Health criteria checks 0/6
Bihar Sponge Iron has a total shareholder equity of ₹-506.0M and total debt of ₹1.1B, which brings its debt-to-equity ratio to -224.1%. Its total assets and total liabilities are ₹1.6B and ₹2.1B respectively.
Key information
-224.1%
Debt to equity ratio
₹1.13b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹30.20m |
| Equity | -₹506.00m |
| Total liabilities | ₹2.11b |
| Total assets | ₹1.60b |
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 (11.1%).
Interest Coverage: Insufficient data to determine if 500058's interest payments on its debt are well covered by EBIT.