Binny Balance Sheet Health
Financial Health criteria checks 6/6
Binny has a total shareholder equity of ₹4.6B and total debt of ₹12.5M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹9.0B and ₹4.4B respectively. Binny's EBIT is ₹778.9M making its interest coverage ratio 25.3. It has cash and short-term investments of ₹90.5M.
Key information
0.3%
Debt to equity ratio
₹12.48m
Debt
| Interest coverage ratio | 25.3x |
| Cash | ₹90.47m |
| Equity | ₹4.64b |
| Total liabilities | ₹4.40b |
| Total assets | ₹9.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514215's short term assets (₹8.4B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 514215's short term assets (₹8.4B) exceed its long term liabilities (₹2.9B).
Debt to Equity History and Analysis
Debt Level: 514215 has more cash than its total debt.
Reducing Debt: 514215's debt to equity ratio has reduced from 96.9% to 0.3% over the past 5 years.
Debt Coverage: 514215's debt is well covered by operating cash flow (983.2%).
Interest Coverage: 514215's interest payments on its debt are well covered by EBIT (25.3x coverage).