Bharat Rasayan Balance Sheet Health
Financial Health criteria checks 6/6
Bharat Rasayan has a total shareholder equity of ₹10.6B and total debt of ₹630.6M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are ₹12.9B and ₹2.3B respectively. Bharat Rasayan's EBIT is ₹1.7B making its interest coverage ratio 40.2. It has cash and short-term investments of ₹1.7B.
Key information
5.9%
Debt to equity ratio
₹630.61m
Debt
| Interest coverage ratio | 40.2x |
| Cash | ₹1.66b |
| Equity | ₹10.64b |
| Total liabilities | ₹2.30b |
| Total assets | ₹12.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 590021's short term assets (₹9.8B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: 590021's short term assets (₹9.8B) exceed its long term liabilities (₹148.8M).
Debt to Equity History and Analysis
Debt Level: 590021 has more cash than its total debt.
Reducing Debt: 590021's debt to equity ratio has reduced from 36.8% to 5.9% over the past 5 years.
Debt Coverage: 590021's debt is well covered by operating cash flow (49.5%).
Interest Coverage: 590021's interest payments on its debt are well covered by EBIT (40.2x coverage).