Bhaskar Agrochemicals Limited

BSE:524534 Stock Report

Market Cap: ₹430.8m

Bhaskar Agrochemicals Balance Sheet Health

Financial Health criteria checks 3/6

Bhaskar Agrochemicals has a total shareholder equity of ₹152.1M and total debt of ₹161.7M, which brings its debt-to-equity ratio to 106.3%. Its total assets and total liabilities are ₹654.8M and ₹502.6M respectively. Bhaskar Agrochemicals's EBIT is ₹48.3M making its interest coverage ratio 2.9. It has cash and short-term investments of ₹1.1M.

Key information

106.3%

Debt to equity ratio

₹161.67m

Debt

Interest coverage ratio2.9x
Cash₹1.09m
Equity₹152.12m
Total liabilities₹502.64m
Total assets₹654.76m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 524534's short term assets (₹462.3M) exceed its short term liabilities (₹406.1M).

Long Term Liabilities: 524534's short term assets (₹462.3M) exceed its long term liabilities (₹96.5M).


Debt to Equity History and Analysis

Debt Level: 524534's net debt to equity ratio (105.6%) is considered high.

Reducing Debt: 524534's debt to equity ratio has increased from 105.3% to 106.3% over the past 5 years.

Debt Coverage: 524534's debt is well covered by operating cash flow (23%).

Interest Coverage: 524534's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet


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