Shri Bajrang Alliance Balance Sheet Health
Financial Health criteria checks 5/6
Shri Bajrang Alliance has a total shareholder equity of ₹3.2B and total debt of ₹721.6M, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are ₹4.2B and ₹1.1B respectively. Shri Bajrang Alliance's EBIT is ₹19.1M making its interest coverage ratio 18.6. It has cash and short-term investments of ₹9.8M.
Key information
22.9%
Debt to equity ratio
₹721.56m
Debt
| Interest coverage ratio | 18.6x |
| Cash | ₹9.84m |
| Equity | ₹3.16b |
| Total liabilities | ₹1.07b |
| Total assets | ₹4.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526981's short term assets (₹939.8M) exceed its short term liabilities (₹867.8M).
Long Term Liabilities: 526981's short term assets (₹939.8M) exceed its long term liabilities (₹197.6M).
Debt to Equity History and Analysis
Debt Level: 526981's net debt to equity ratio (22.5%) is considered satisfactory.
Reducing Debt: 526981's debt to equity ratio has reduced from 30.1% to 22.9% over the past 5 years.
Debt Coverage: 526981's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 526981's interest payments on its debt are well covered by EBIT (18.6x coverage).