B & A Packaging India Balance Sheet Health
Financial Health criteria checks 6/6
B & A Packaging India has a total shareholder equity of ₹739.3M and total debt of ₹27.6M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ₹921.6M and ₹182.4M respectively. B & A Packaging India's EBIT is ₹165.9M making its interest coverage ratio 166.5. It has cash and short-term investments of ₹11.1M.
Key information
3.7%
Debt to equity ratio
₹27.56m
Debt
| Interest coverage ratio | 166.5x |
| Cash | ₹11.08m |
| Equity | ₹739.26m |
| Total liabilities | ₹182.37m |
| Total assets | ₹921.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523186's short term assets (₹654.1M) exceed its short term liabilities (₹150.9M).
Long Term Liabilities: 523186's short term assets (₹654.1M) exceed its long term liabilities (₹31.5M).
Debt to Equity History and Analysis
Debt Level: 523186's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: 523186's debt to equity ratio has reduced from 42.6% to 3.7% over the past 5 years.
Debt Coverage: 523186's debt is well covered by operating cash flow (800.5%).
Interest Coverage: 523186's interest payments on its debt are well covered by EBIT (166.5x coverage).