Bandaram Pharma Packtech Balance Sheet Health
Financial Health criteria checks 3/6
Bandaram Pharma Packtech has a total shareholder equity of ₹159.2M and total debt of ₹146.4M, which brings its debt-to-equity ratio to 92%. Its total assets and total liabilities are ₹338.4M and ₹179.2M respectively. Bandaram Pharma Packtech's EBIT is ₹27.6M making its interest coverage ratio 4.4. It has cash and short-term investments of ₹1.6M.
Key information
92.0%
Debt to equity ratio
₹146.45m
Debt
| Interest coverage ratio | 4.4x |
| Cash | ₹1.60m |
| Equity | ₹159.17m |
| Total liabilities | ₹179.19m |
| Total assets | ₹338.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524602's short term assets (₹281.2M) exceed its short term liabilities (₹113.1M).
Long Term Liabilities: 524602's short term assets (₹281.2M) exceed its long term liabilities (₹66.1M).
Debt to Equity History and Analysis
Debt Level: 524602's net debt to equity ratio (91%) is considered high.
Reducing Debt: Insufficient data to determine if 524602's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 524602's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 524602's interest payments on its debt are well covered by EBIT (4.4x coverage).