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 ratio | 2.9x |
| 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).