Baheti Recycling Industries Balance Sheet Health
Financial Health criteria checks 3/6
Baheti Recycling Industries has a total shareholder equity of ₹416.3M and total debt of ₹990.2M, which brings its debt-to-equity ratio to 237.8%. Its total assets and total liabilities are ₹1.6B and ₹1.2B respectively. Baheti Recycling Industries's EBIT is ₹193.0M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹3.1M.
Key information
237.8%
Debt to equity ratio
₹990.19m
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₹3.10m |
| Equity | ₹416.32m |
| Total liabilities | ₹1.23b |
| Total assets | ₹1.65b |
Recent financial health updates
Recent updates
Baheti Recycling Industries (NSE:BAHETI) Has A Somewhat Strained Balance Sheet
Aug 23
Baheti Recycling Industries Limited (NSE:BAHETI) Stocks Shoot Up 29% But Its P/E Still Looks Reasonable
Aug 23Why Investors Shouldn't Be Surprised By Baheti Recycling Industries Limited's (NSE:BAHETI) 59% Share Price Surge
Jun 05Is Now The Time To Put Baheti Recycling Industries (NSE:BAHETI) On Your Watchlist?
Mar 15Investors Still Aren't Entirely Convinced By Baheti Recycling Industries Limited's (NSE:BAHETI) Earnings Despite 33% Price Jump
Aug 23Financial Position Analysis
Short Term Liabilities: BAHETI's short term assets (₹1.5B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: BAHETI's short term assets (₹1.5B) exceed its long term liabilities (₹109.9M).
Debt to Equity History and Analysis
Debt Level: BAHETI's net debt to equity ratio (237.1%) is considered high.
Reducing Debt: BAHETI's debt to equity ratio has reduced from 276.1% to 237.8% over the past 5 years.
Debt Coverage: BAHETI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BAHETI's interest payments on its debt are not well covered by EBIT (1.9x coverage).