Bhaskar Agrochemicals Balance Sheet Health
Financial Health criteria checks 4/6
Bhaskar Agrochemicals has a total shareholder equity of ₹138.2M and total debt of ₹176.9M, which brings its debt-to-equity ratio to 128%. Its total assets and total liabilities are ₹499.8M and ₹361.6M respectively. Bhaskar Agrochemicals's EBIT is ₹44.8M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹891.0K.
Key information
128.0%
Debt to equity ratio
₹176.90m
Debt
Interest coverage ratio | 2.4x |
Cash | ₹891.00k |
Equity | ₹138.17m |
Total liabilities | ₹361.62m |
Total assets | ₹499.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524534's short term assets (₹311.6M) exceed its short term liabilities (₹270.0M).
Long Term Liabilities: 524534's short term assets (₹311.6M) exceed its long term liabilities (₹91.6M).
Debt to Equity History and Analysis
Debt Level: 524534's net debt to equity ratio (127.4%) is considered high.
Reducing Debt: 524534's debt to equity ratio has reduced from 147.5% to 128% over the past 5 years.
Debt Coverage: 524534's debt is well covered by operating cash flow (22.2%).
Interest Coverage: 524534's interest payments on its debt are not well covered by EBIT (2.4x coverage).