Bhagiradha Chemicals & Industries Balance Sheet Health
Financial Health criteria checks 5/6
Bhagiradha Chemicals & Industries has a total shareholder equity of ₹6.3B and total debt of ₹874.3M, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are ₹8.3B and ₹2.1B respectively. Bhagiradha Chemicals & Industries's EBIT is ₹318.7M making its interest coverage ratio 7.6. It has cash and short-term investments of ₹1.6B.
Key information
13.9%
Debt to equity ratio
₹874.34m
Debt
| Interest coverage ratio | 7.6x |
| Cash | ₹1.65b |
| Equity | ₹6.27b |
| Total liabilities | ₹2.06b |
| Total assets | ₹8.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531719's short term assets (₹4.5B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: 531719's short term assets (₹4.5B) exceed its long term liabilities (₹499.5M).
Debt to Equity History and Analysis
Debt Level: 531719 has more cash than its total debt.
Reducing Debt: 531719's debt to equity ratio has reduced from 25.3% to 13.9% over the past 5 years.
Debt Coverage: 531719's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531719's interest payments on its debt are well covered by EBIT (7.6x coverage).