Bharat Rasayan Balance Sheet Health
Financial Health criteria checks 6/6
Bharat Rasayan has a total shareholder equity of ₹9.1B and total debt of ₹695.6M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are ₹11.5B and ₹2.4B respectively. Bharat Rasayan's EBIT is ₹812.5M making its interest coverage ratio 31.2. It has cash and short-term investments of ₹1.1B.
Key information
7.7%
Debt to equity ratio
₹695.60m
Debt
Interest coverage ratio | 31.2x |
Cash | ₹1.11b |
Equity | ₹9.06b |
Total liabilities | ₹2.39b |
Total assets | ₹11.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 590021's short term assets (₹7.9B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: 590021's short term assets (₹7.9B) exceed its long term liabilities (₹107.5M).
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 54.6% to 7.7% over the past 5 years.
Debt Coverage: 590021's debt is well covered by operating cash flow (308.7%).
Interest Coverage: 590021's interest payments on its debt are well covered by EBIT (31.2x coverage).