Basant Agro Tech (India) Balance Sheet Health
Financial Health criteria checks 3/6
Basant Agro Tech (India) has a total shareholder equity of ₹1.8B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 74.2%. Its total assets and total liabilities are ₹3.5B and ₹1.7B respectively. Basant Agro Tech (India)'s EBIT is ₹223.8M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹5.6M.
Key information
74.2%
Debt to equity ratio
₹1.31b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹5.61m |
| Equity | ₹1.77b |
| Total liabilities | ₹1.74b |
| Total assets | ₹3.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524687's short term assets (₹2.4B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 524687's short term assets (₹2.4B) exceed its long term liabilities (₹392.3M).
Debt to Equity History and Analysis
Debt Level: 524687's net debt to equity ratio (73.9%) is considered high.
Reducing Debt: 524687's debt to equity ratio has increased from 70.8% to 74.2% over the past 5 years.
Debt Coverage: 524687's debt is well covered by operating cash flow (27.1%).
Interest Coverage: 524687's interest payments on its debt are not well covered by EBIT (1.7x coverage).