Birla Balance Sheet Health
Financial Health criteria checks 3/6
Birla has a total shareholder equity of ₹62.9B and total debt of ₹41.0B, which brings its debt-to-equity ratio to 65.2%. Its total assets and total liabilities are ₹142.4B and ₹79.5B respectively. Birla's EBIT is ₹6.7B making its interest coverage ratio 1.8. It has cash and short-term investments of ₹3.5B.
Key information
65.2%
Debt to equity ratio
₹41.01b
Debt
Interest coverage ratio | 1.8x |
Cash | ₹3.49b |
Equity | ₹62.88b |
Total liabilities | ₹79.48b |
Total assets | ₹142.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500335's short term assets (₹28.3B) exceed its short term liabilities (₹24.6B).
Long Term Liabilities: 500335's short term assets (₹28.3B) do not cover its long term liabilities (₹54.9B).
Debt to Equity History and Analysis
Debt Level: 500335's net debt to equity ratio (59.7%) is considered high.
Reducing Debt: 500335's debt to equity ratio has reduced from 92.1% to 65.2% over the past 5 years.
Debt Coverage: 500335's debt is well covered by operating cash flow (42.9%).
Interest Coverage: 500335's interest payments on its debt are not well covered by EBIT (1.8x coverage).