Bhagiradha Chemicals & Industries Balance Sheet Health
Financial Health criteria checks 6/6
Bhagiradha Chemicals & Industries has a total shareholder equity of ₹4.1B and total debt of ₹614.9M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are ₹5.8B and ₹1.6B respectively. Bhagiradha Chemicals & Industries's EBIT is ₹362.1M making its interest coverage ratio 7.7. It has cash and short-term investments of ₹484.2M.
Key information
14.9%
Debt to equity ratio
₹614.93m
Debt
| Interest coverage ratio | 7.7x |
| Cash | ₹484.22m |
| Equity | ₹4.14b |
| Total liabilities | ₹1.62b |
| Total assets | ₹5.76b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Bhagiradha Chemicals & Industries (NSE:BHAGCHEM) Is Using Debt Extensively
Aug 28
Revenues Not Telling The Story For Bhagiradha Chemicals & Industries Limited (NSE:BHAGCHEM) After Shares Rise 32%
Aug 07Bhagiradha Chemicals & Industries Limited's (NSE:BHAGCHEM) Shares Climb 54% But Its Business Is Yet to Catch Up
Jun 19Why Bhagiradha Chemicals & Industries' (NSE:BHAGCHEM) Shaky Earnings Are Just The Beginning Of Its Problems
Jun 01Bhagiradha Chemicals & Industries Limited (NSE:BHAGCHEM) Investors Are Less Pessimistic Than Expected
May 03Revenues Tell The Story For Bhagiradha Chemicals & Industries Limited (NSE:BHAGCHEM) As Its Stock Soars 25%
Feb 29Bhagiradha Chemicals & Industries' (NSE:BHAGCHEM) Returns Have Hit A Wall
Oct 06Bhagiradha Chemicals & Industries (NSE:BHAGCHEM) Will Pay A Larger Dividend Than Last Year At ₹3.00
Jul 13Bhagiradha Chemicals & Industries (NSE:BHAGCHEM) Is Paying Out A Larger Dividend Than Last Year
May 18Here's Why We Think Bhagiradha Chemicals & Industries (NSE:BHAGCHEM) Is Well Worth Watching
Mar 07Robust Earnings May Not Tell The Whole Story For Bhagiradha Chemicals & Industries (NSE:BHAGCHEM)
Jun 03Why Investors Shouldn't Be Surprised By Bhagiradha Chemicals & Industries Limited's (NSE:BHAGCHEM) 29% Share Price Surge
Dec 15Financial Position Analysis
Short Term Liabilities: BHAGCHEM's short term assets (₹2.8B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: BHAGCHEM's short term assets (₹2.8B) exceed its long term liabilities (₹368.1M).
Debt to Equity History and Analysis
Debt Level: BHAGCHEM's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: BHAGCHEM's debt to equity ratio has reduced from 37% to 14.9% over the past 5 years.
Debt Coverage: BHAGCHEM's debt is well covered by operating cash flow (55.8%).
Interest Coverage: BHAGCHEM's interest payments on its debt are well covered by EBIT (7.7x coverage).