B & A Packaging India Balance Sheet Health
Financial Health criteria checks 6/6
B & A Packaging India has a total shareholder equity of ₹685.3M and total debt of ₹57.7M, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are ₹901.1M and ₹215.8M respectively. B & A Packaging India's EBIT is ₹129.4M making its interest coverage ratio 25. It has cash and short-term investments of ₹33.7M.
Key information
8.4%
Debt to equity ratio
₹57.70m
Debt
Interest coverage ratio | 25x |
Cash | ₹33.69m |
Equity | ₹685.34m |
Total liabilities | ₹215.78m |
Total assets | ₹901.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523186's short term assets (₹649.1M) exceed its short term liabilities (₹160.8M).
Long Term Liabilities: 523186's short term assets (₹649.1M) exceed its long term liabilities (₹55.0M).
Debt to Equity History and Analysis
Debt Level: 523186's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: 523186's debt to equity ratio has reduced from 44% to 8.4% over the past 5 years.
Debt Coverage: 523186's debt is well covered by operating cash flow (297.3%).
Interest Coverage: 523186's interest payments on its debt are well covered by EBIT (25x coverage).