Brigade Enterprises Balance Sheet Health
Financial Health criteria checks 2/6
Brigade Enterprises has a total shareholder equity of ₹32.9B and total debt of ₹48.7B, which brings its debt-to-equity ratio to 148.1%. Its total assets and total liabilities are ₹169.6B and ₹136.7B respectively. Brigade Enterprises's EBIT is ₹6.6B making its interest coverage ratio 1.8. It has cash and short-term investments of ₹13.6B.
Key information
148.1%
Debt to equity ratio
₹48.75b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹13.57b |
| Equity | ₹32.92b |
| Total liabilities | ₹136.68b |
| Total assets | ₹169.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532929's short term assets (₹102.6B) exceed its short term liabilities (₹88.9B).
Long Term Liabilities: 532929's short term assets (₹102.6B) exceed its long term liabilities (₹47.7B).
Debt to Equity History and Analysis
Debt Level: 532929's net debt to equity ratio (106.9%) is considered high.
Reducing Debt: 532929's debt to equity ratio has increased from 140.6% to 148.1% over the past 5 years.
Debt Coverage: 532929's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 532929's interest payments on its debt are not well covered by EBIT (1.8x coverage).