Bandaram Pharma Packtech Balance Sheet Health
Financial Health criteria checks 3/6
Bandaram Pharma Packtech has a total shareholder equity of ₹141.7M and total debt of ₹45.1M, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are ₹261.4M and ₹119.7M respectively. Bandaram Pharma Packtech's EBIT is ₹18.2M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹7.3M.
Key information
31.8%
Debt to equity ratio
₹45.06m
Debt
Interest coverage ratio | 2.8x |
Cash | ₹7.26m |
Equity | ₹141.66m |
Total liabilities | ₹119.71m |
Total assets | ₹261.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524602's short term assets (₹180.9M) exceed its short term liabilities (₹74.1M).
Long Term Liabilities: 524602's short term assets (₹180.9M) exceed its long term liabilities (₹45.7M).
Debt to Equity History and Analysis
Debt Level: 524602's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 524602's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 524602's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: 524602's interest payments on its debt are not well covered by EBIT (2.8x coverage).