Bharat Parenterals Balance Sheet Health
Financial Health criteria checks 4/6
Bharat Parenterals has a total shareholder equity of ₹2.3B and total debt of ₹1.0B, which brings its debt-to-equity ratio to 43.2%. Its total assets and total liabilities are ₹4.3B and ₹2.0B respectively. Bharat Parenterals's EBIT is ₹283.8M making its interest coverage ratio 26.8. It has cash and short-term investments of ₹146.3M.
Key information
43.2%
Debt to equity ratio
₹1.00b
Debt
Interest coverage ratio | 26.8x |
Cash | ₹146.30m |
Equity | ₹2.33b |
Total liabilities | ₹1.96b |
Total assets | ₹4.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541096's short term assets (₹2.1B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 541096's short term assets (₹2.1B) exceed its long term liabilities (₹462.5M).
Debt to Equity History and Analysis
Debt Level: 541096's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: 541096's debt to equity ratio has increased from 6.5% to 43.2% over the past 5 years.
Debt Coverage: 541096's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 541096's interest payments on its debt are well covered by EBIT (26.8x coverage).