Bansal Wire Industries Balance Sheet Health
Financial Health criteria checks 4/6
Bansal Wire Industries has a total shareholder equity of ₹11.9B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are ₹16.3B and ₹4.4B respectively. Bansal Wire Industries's EBIT is ₹1.9B making its interest coverage ratio 6.1. It has cash and short-term investments of ₹189.6M.
Key information
21.1%
Debt to equity ratio
₹2.51b
Debt
| Interest coverage ratio | 6.1x |
| Cash | ₹189.60m |
| Equity | ₹11.91b |
| Total liabilities | ₹4.44b |
| Total assets | ₹16.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BANSALWIRE's short term assets (₹9.8B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: BANSALWIRE's short term assets (₹9.8B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: BANSALWIRE's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BANSALWIRE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BANSALWIRE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BANSALWIRE's interest payments on its debt are well covered by EBIT (6.1x coverage).