Bhagwati Autocast Balance Sheet Health
Financial Health criteria checks 6/6
Bhagwati Autocast has a total shareholder equity of ₹366.8M and total debt of ₹96.0M, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are ₹747.0M and ₹380.2M respectively. Bhagwati Autocast's EBIT is ₹98.3M making its interest coverage ratio 10.8. It has cash and short-term investments of ₹38.2M.
Key information
26.2%
Debt to equity ratio
₹96.00m
Debt
Interest coverage ratio | 10.8x |
Cash | ₹38.25m |
Equity | ₹366.85m |
Total liabilities | ₹380.19m |
Total assets | ₹747.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504646's short term assets (₹440.3M) exceed its short term liabilities (₹263.3M).
Long Term Liabilities: 504646's short term assets (₹440.3M) exceed its long term liabilities (₹116.9M).
Debt to Equity History and Analysis
Debt Level: 504646's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: 504646's debt to equity ratio has reduced from 35.4% to 26.2% over the past 5 years.
Debt Coverage: 504646's debt is well covered by operating cash flow (68.5%).
Interest Coverage: 504646's interest payments on its debt are well covered by EBIT (10.8x coverage).