Bloom Industries Balance Sheet Health
Financial Health criteria checks 2/6
Bloom Industries has a total shareholder equity of ₹88.9M and total debt of ₹75.3M, which brings its debt-to-equity ratio to 84.7%. Its total assets and total liabilities are ₹168.1M and ₹79.2M respectively. Bloom Industries's EBIT is ₹13.1M making its interest coverage ratio 2. It has cash and short-term investments of ₹3.5M.
Key information
84.7%
Debt to equity ratio
₹75.29m
Debt
Interest coverage ratio | 2x |
Cash | ₹3.48m |
Equity | ₹88.92m |
Total liabilities | ₹79.16m |
Total assets | ₹168.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513422's short term assets (₹92.9M) exceed its short term liabilities (₹13.5M).
Long Term Liabilities: 513422's short term assets (₹92.9M) exceed its long term liabilities (₹65.7M).
Debt to Equity History and Analysis
Debt Level: 513422's net debt to equity ratio (80.8%) is considered high.
Reducing Debt: 513422's debt to equity ratio has increased from 0% to 84.7% over the past 5 years.
Debt Coverage: 513422's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 513422's interest payments on its debt are not well covered by EBIT (2x coverage).