3B Blackbio Dx Balance Sheet Health
Financial Health criteria checks 6/6
3B Blackbio Dx has a total shareholder equity of ₹2.1B and total debt of ₹13.5M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹2.2B and ₹138.6M respectively. 3B Blackbio Dx's EBIT is ₹390.9M making its interest coverage ratio 306.6. It has cash and short-term investments of ₹598.3M.
Key information
0.6%
Debt to equity ratio
₹13.48m
Debt
Interest coverage ratio | 306.6x |
Cash | ₹598.28m |
Equity | ₹2.11b |
Total liabilities | ₹138.59m |
Total assets | ₹2.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532067's short term assets (₹1.2B) exceed its short term liabilities (₹102.1M).
Long Term Liabilities: 532067's short term assets (₹1.2B) exceed its long term liabilities (₹36.5M).
Debt to Equity History and Analysis
Debt Level: 532067 has more cash than its total debt.
Reducing Debt: 532067's debt to equity ratio has reduced from 29.5% to 0.6% over the past 5 years.
Debt Coverage: 532067's debt is well covered by operating cash flow (1170.5%).
Interest Coverage: 532067's interest payments on its debt are well covered by EBIT (306.6x coverage).