Bharat Wire Ropes Balance Sheet Health
Financial Health criteria checks 6/6
Bharat Wire Ropes has a total shareholder equity of ₹7.0B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are ₹9.0B and ₹1.9B respectively. Bharat Wire Ropes's EBIT is ₹1.3B making its interest coverage ratio 11.1. It has cash and short-term investments of ₹78.9M.
Key information
17.8%
Debt to equity ratio
₹1.25b
Debt
| Interest coverage ratio | 11.1x |
| Cash | ₹78.88m |
| Equity | ₹7.00b |
| Total liabilities | ₹1.95b |
| Total assets | ₹8.95b |
Recent financial health updates
Is Bharat Wire Ropes (NSE:BHARATWIRE) Using Too Much Debt?
Dec 07
Does Bharat Wire Ropes (NSE:BHARATWIRE) Have A Healthy Balance Sheet?
Aug 21These 4 Measures Indicate That Bharat Wire Ropes (NSE:BHARATWIRE) Is Using Debt Extensively
Jul 15These 4 Measures Indicate That Bharat Wire Ropes (NSE:BHARATWIRE) Is Using Debt Extensively
Jan 07We Think Bharat Wire Ropes (NSE:BHARATWIRE) Is Taking Some Risk With Its Debt
Sep 24Recent updates
Bharat Wire Ropes Limited (NSE:BHARATWIRE) Soars 27% But It's A Story Of Risk Vs Reward
Sep 14Bharat Wire Ropes (NSE:BHARATWIRE) Shareholders Will Want The ROCE Trajectory To Continue
Jun 05If EPS Growth Is Important To You, Bharat Wire Ropes (NSE:BHARATWIRE) Presents An Opportunity
Jan 10Is Bharat Wire Ropes (NSE:BHARATWIRE) Using Too Much Debt?
Dec 07We Like These Underlying Return On Capital Trends At Bharat Wire Ropes (NSE:BHARATWIRE)
Oct 12Returns Are Gaining Momentum At Bharat Wire Ropes (NSE:BHARATWIRE)
Apr 29Do Bharat Wire Ropes' (NSE:BHARATWIRE) Earnings Warrant Your Attention?
Mar 02The Market Doesn't Like What It Sees From Bharat Wire Ropes Limited's (NSE:BHARATWIRE) Earnings Yet
Dec 23Does Bharat Wire Ropes (NSE:BHARATWIRE) Have A Healthy Balance Sheet?
Aug 21Returns At Bharat Wire Ropes (NSE:BHARATWIRE) Are On The Way Up
Aug 03There's Been No Shortage Of Growth Recently For Bharat Wire Ropes' (NSE:BHARATWIRE) Returns On Capital
Feb 23Bharat Wire Ropes' (NSE:BHARATWIRE) Returns On Capital Are Heading Higher
Sep 16These 4 Measures Indicate That Bharat Wire Ropes (NSE:BHARATWIRE) Is Using Debt Extensively
Jul 15Can Bharat Wire Ropes (NSE:BHARATWIRE) Continue To Grow Its Returns On Capital?
Mar 01These 4 Measures Indicate That Bharat Wire Ropes (NSE:BHARATWIRE) Is Using Debt Extensively
Jan 07What We Make Of Bharat Wire Ropes' (NSE:BHARATWIRE) Returns On Capital
Nov 16We Think Bharat Wire Ropes (NSE:BHARATWIRE) Is Taking Some Risk With Its Debt
Sep 24The Trends At Bharat Wire Ropes (NSE:BHARATWIRE) That You Should Know About
Aug 03Financial Position Analysis
Short Term Liabilities: BHARATWIRE's short term assets (₹3.7B) exceed its short term liabilities (₹708.5M).
Long Term Liabilities: BHARATWIRE's short term assets (₹3.7B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: BHARATWIRE's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: BHARATWIRE's debt to equity ratio has reduced from 969.8% to 17.8% over the past 5 years.
Debt Coverage: BHARATWIRE's debt is well covered by operating cash flow (31.1%).
Interest Coverage: BHARATWIRE's interest payments on its debt are well covered by EBIT (11.1x coverage).