Barak Valley Cements Balance Sheet Health
Financial Health criteria checks 5/6
Barak Valley Cements has a total shareholder equity of ₹1.2B and total debt of ₹582.1M, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are ₹2.3B and ₹1.1B respectively. Barak Valley Cements's EBIT is ₹192.0M making its interest coverage ratio 4.3. It has cash and short-term investments of ₹21.5M.
Key information
48.9%
Debt to equity ratio
₹582.10m
Debt
Interest coverage ratio | 4.3x |
Cash | ₹21.51m |
Equity | ₹1.19b |
Total liabilities | ₹1.15b |
Total assets | ₹2.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532916's short term assets (₹822.1M) exceed its short term liabilities (₹779.9M).
Long Term Liabilities: 532916's short term assets (₹822.1M) exceed its long term liabilities (₹366.7M).
Debt to Equity History and Analysis
Debt Level: 532916's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: 532916's debt to equity ratio has reduced from 94.6% to 48.9% over the past 5 years.
Debt Coverage: 532916's debt is well covered by operating cash flow (30.6%).
Interest Coverage: 532916's interest payments on its debt are well covered by EBIT (4.3x coverage).