Bilcare Balance Sheet Health
Financial Health criteria checks 2/6
Bilcare has a total shareholder equity of ₹6.8B and total debt of ₹7.3B, which brings its debt-to-equity ratio to 108.2%. Its total assets and total liabilities are ₹16.2B and ₹9.4B respectively. Bilcare's EBIT is ₹218.9M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹317.3M.
Key information
108.2%
Debt to equity ratio
₹7.34b
Debt
Interest coverage ratio | 0.5x |
Cash | ₹317.30m |
Equity | ₹6.78b |
Total liabilities | ₹9.37b |
Total assets | ₹16.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526853's short term assets (₹4.4B) exceed its short term liabilities (₹3.4B).
Long Term Liabilities: 526853's short term assets (₹4.4B) do not cover its long term liabilities (₹6.0B).
Debt to Equity History and Analysis
Debt Level: 526853's net debt to equity ratio (103.5%) is considered high.
Reducing Debt: 526853's debt to equity ratio has reduced from 1347.1% to 108.2% over the past 5 years.
Debt Coverage: 526853's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 526853's interest payments on its debt are not well covered by EBIT (0.5x coverage).