Shree Tirupati Balajee Agro Trading Balance Sheet Health
Financial Health criteria checks 4/6
Shree Tirupati Balajee Agro Trading has a total shareholder equity of ₹3.4B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 63.4%. Its total assets and total liabilities are ₹6.1B and ₹2.7B respectively. Shree Tirupati Balajee Agro Trading's EBIT is ₹521.2M making its interest coverage ratio 3.3. It has cash and short-term investments of ₹324.2M.
Key information
63.4%
Debt to equity ratio
₹2.15b
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₹324.20m |
| Equity | ₹3.39b |
| Total liabilities | ₹2.72b |
| Total assets | ₹6.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BALAJEE's short term assets (₹5.1B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: BALAJEE's short term assets (₹5.1B) exceed its long term liabilities (₹154.0M).
Debt to Equity History and Analysis
Debt Level: BALAJEE's net debt to equity ratio (53.8%) is considered high.
Reducing Debt: BALAJEE's debt to equity ratio has reduced from 197.3% to 63.4% over the past 5 years.
Debt Coverage: BALAJEE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BALAJEE's interest payments on its debt are well covered by EBIT (3.3x coverage).