Bansisons Tea Industries Balance Sheet Health
Financial Health criteria checks 6/6
Bansisons Tea Industries has a total shareholder equity of ₹59.8M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹61.7M and ₹1.9M respectively. Bansisons Tea Industries's EBIT is ₹9.7K making its interest coverage ratio -0.1. It has cash and short-term investments of ₹724.0K.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | -0.1x |
Cash | ₹724.00k |
Equity | ₹59.77m |
Total liabilities | ₹1.91m |
Total assets | ₹61.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519353's short term assets (₹2.2M) exceed its short term liabilities (₹1.9M).
Long Term Liabilities: 519353 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 519353 is debt free.
Reducing Debt: 519353 has not had any debt for past 5 years.
Debt Coverage: 519353 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 519353 has no debt, therefore coverage of interest payments is not a concern.