Bright Brothers Balance Sheet Health
Financial Health criteria checks 2/6
Bright Brothers has a total shareholder equity of ₹686.7M and total debt of ₹571.3M, which brings its debt-to-equity ratio to 83.2%. Its total assets and total liabilities are ₹1.7B and ₹1.0B respectively.
Key information
83.2%
Debt to equity ratio
₹571.27m
Debt
Interest coverage ratio | n/a |
Cash | ₹78.23m |
Equity | ₹686.75m |
Total liabilities | ₹1.04b |
Total assets | ₹1.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526731's short term assets (₹884.0M) exceed its short term liabilities (₹838.2M).
Long Term Liabilities: 526731's short term assets (₹884.0M) exceed its long term liabilities (₹198.8M).
Debt to Equity History and Analysis
Debt Level: 526731's net debt to equity ratio (71.8%) is considered high.
Reducing Debt: 526731's debt to equity ratio has increased from 9.8% to 83.2% over the past 5 years.
Debt Coverage: 526731's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 526731's interest payments on its debt are well covered by EBIT.