Shri Bajrang Alliance Balance Sheet Health
Financial Health criteria checks 6/6
Shri Bajrang Alliance has a total shareholder equity of ₹2.8B and total debt of ₹498.2M, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are ₹3.7B and ₹933.7M respectively. Shri Bajrang Alliance's EBIT is ₹31.2M making its interest coverage ratio 15.8. It has cash and short-term investments of ₹3.1M.
Key information
17.9%
Debt to equity ratio
₹498.18m
Debt
Interest coverage ratio | 15.8x |
Cash | ₹3.06m |
Equity | ₹2.79b |
Total liabilities | ₹933.67m |
Total assets | ₹3.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526981's short term assets (₹837.2M) exceed its short term liabilities (₹750.7M).
Long Term Liabilities: 526981's short term assets (₹837.2M) exceed its long term liabilities (₹183.0M).
Debt to Equity History and Analysis
Debt Level: 526981's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: 526981's debt to equity ratio has reduced from 21.4% to 17.9% over the past 5 years.
Debt Coverage: 526981's debt is well covered by operating cash flow (72.5%).
Interest Coverage: 526981's interest payments on its debt are well covered by EBIT (15.8x coverage).