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 ₹2.1B and total debt of ₹2.4B, which brings its debt-to-equity ratio to 115.7%. Its total assets and total liabilities are ₹5.2B and ₹3.1B respectively. Shree Tirupati Balajee Agro Trading's EBIT is ₹550.0M making its interest coverage ratio 3.6. It has cash and short-term investments of ₹78.2M.
Key information
115.7%
Debt to equity ratio
₹2.44b
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₹78.17m |
| Equity | ₹2.11b |
| Total liabilities | ₹3.06b |
| Total assets | ₹5.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BALAJEE's short term assets (₹4.2B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: BALAJEE's short term assets (₹4.2B) exceed its long term liabilities (₹447.9M).
Debt to Equity History and Analysis
Debt Level: BALAJEE's net debt to equity ratio (112%) is considered high.
Reducing Debt: BALAJEE's debt to equity ratio has reduced from 243.9% to 115.7% 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 (3.6x coverage).