Bharat Wire Ropes Limited

BSE:539799 Stock Report

Market Cap: ₹15.9b

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 ratio11.1x
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).


Balance Sheet


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