Bharat Wire Ropes Financial Health
How is Bharat Wire Ropes's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: BHARATWIRE's short term assets (₹2.4B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: BHARATWIRE's short term assets (₹2.4B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: BHARATWIRE's net debt to equity ratio (52%) is considered high.
Reducing Debt: BHARATWIRE's debt to equity ratio has reduced from 311.6% to 52.1% over the past 5 years.
Debt Coverage: BHARATWIRE's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: BHARATWIRE's interest payments on its debt are well covered by EBIT (3.6x coverage).