Bigbloc Construction Balance Sheet Health
Financial Health criteria checks 4/6
Bigbloc Construction has a total shareholder equity of ₹894.9M and total debt of ₹1.1B, which brings its debt-to-equity ratio to 120.2%. Its total assets and total liabilities are ₹2.3B and ₹1.4B respectively. Bigbloc Construction's EBIT is ₹455.8M making its interest coverage ratio 6.7. It has cash and short-term investments of ₹18.5M.
Key information
120.2%
Debt to equity ratio
₹1.08b
Debt
Interest coverage ratio | 6.7x |
Cash | ₹18.50m |
Equity | ₹894.93m |
Total liabilities | ₹1.38b |
Total assets | ₹2.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540061's short term assets (₹827.5M) exceed its short term liabilities (₹635.5M).
Long Term Liabilities: 540061's short term assets (₹827.5M) exceed its long term liabilities (₹746.9M).
Debt to Equity History and Analysis
Debt Level: 540061's net debt to equity ratio (118.1%) is considered high.
Reducing Debt: 540061's debt to equity ratio has reduced from 126.6% to 120.2% over the past 5 years.
Debt Coverage: 540061's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: 540061's interest payments on its debt are well covered by EBIT (6.7x coverage).