Bhageria Industries Balance Sheet Health
Financial Health criteria checks 5/6
Bhageria Industries has a total shareholder equity of ₹5.2B and total debt of ₹472.1M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are ₹6.8B and ₹1.5B respectively. Bhageria Industries's EBIT is ₹112.4M making its interest coverage ratio 6.1. It has cash and short-term investments of ₹911.0M.
Key information
9.0%
Debt to equity ratio
₹472.09m
Debt
Interest coverage ratio | 6.1x |
Cash | ₹911.05m |
Equity | ₹5.22b |
Total liabilities | ₹1.53b |
Total assets | ₹6.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530803's short term assets (₹3.0B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 530803's short term assets (₹3.0B) exceed its long term liabilities (₹421.5M).
Debt to Equity History and Analysis
Debt Level: 530803 has more cash than its total debt.
Reducing Debt: 530803's debt to equity ratio has increased from 6.9% to 9% over the past 5 years.
Debt Coverage: 530803's debt is well covered by operating cash flow (48.6%).
Interest Coverage: 530803's interest payments on its debt are well covered by EBIT (6.1x coverage).