Bharat Wire Ropes Balance Sheet Health
Financial Health criteria checks 6/6
Bharat Wire Ropes has a total shareholder equity of ₹7.0B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are ₹9.0B and ₹1.9B respectively. Bharat Wire Ropes's EBIT is ₹1.3B making its interest coverage ratio 11.1. It has cash and short-term investments of ₹78.9M.
Key information
17.8%
Debt to equity ratio
₹1.25b
Debt
| Interest coverage ratio | 11.1x |
| Cash | ₹78.88m |
| Equity | ₹7.00b |
| Total liabilities | ₹1.95b |
| Total assets | ₹8.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539799's short term assets (₹3.7B) exceed its short term liabilities (₹708.5M).
Long Term Liabilities: 539799's short term assets (₹3.7B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 539799's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: 539799's debt to equity ratio has reduced from 969.8% to 17.8% over the past 5 years.
Debt Coverage: 539799's debt is well covered by operating cash flow (31.1%).
Interest Coverage: 539799's interest payments on its debt are well covered by EBIT (11.1x coverage).