Bansal Wire Industries Balance Sheet Health
Financial Health criteria checks 3/6
Bansal Wire Industries has a total shareholder equity of ₹4.6B and total debt of ₹6.8B, which brings its debt-to-equity ratio to 147.7%. Its total assets and total liabilities are ₹12.6B and ₹8.0B respectively. Bansal Wire Industries's EBIT is ₹1.6B making its interest coverage ratio 5.2. It has cash and short-term investments of ₹18.1M.
Key information
147.7%
Debt to equity ratio
₹6.81b
Debt
Interest coverage ratio | 5.2x |
Cash | ₹18.13m |
Equity | ₹4.61b |
Total liabilities | ₹8.03b |
Total assets | ₹12.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544209's short term assets (₹7.7B) exceed its short term liabilities (₹4.8B).
Long Term Liabilities: 544209's short term assets (₹7.7B) exceed its long term liabilities (₹3.2B).
Debt to Equity History and Analysis
Debt Level: 544209's net debt to equity ratio (147.3%) is considered high.
Reducing Debt: Insufficient data to determine if 544209's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544209's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544209's interest payments on its debt are well covered by EBIT (5.2x coverage).