Bhanderi Infracon Balance Sheet Health
Financial Health criteria checks 4/6
Bhanderi Infracon has a total shareholder equity of ₹254.2M and total debt of ₹189.9M, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are ₹492.9M and ₹238.7M respectively. Bhanderi Infracon's EBIT is ₹17.2M making its interest coverage ratio -43.1. It has cash and short-term investments of ₹12.2M.
Key information
74.7%
Debt to equity ratio
₹189.93m
Debt
Interest coverage ratio | -43.1x |
Cash | ₹12.17m |
Equity | ₹254.22m |
Total liabilities | ₹238.69m |
Total assets | ₹492.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538576's short term assets (₹454.1M) exceed its short term liabilities (₹59.3M).
Long Term Liabilities: 538576's short term assets (₹454.1M) exceed its long term liabilities (₹179.4M).
Debt to Equity History and Analysis
Debt Level: 538576's net debt to equity ratio (69.9%) is considered high.
Reducing Debt: 538576's debt to equity ratio has increased from 52.7% to 74.7% over the past 5 years.
Debt Coverage: 538576's debt is well covered by operating cash flow (25.7%).
Interest Coverage: 538576 earns more interest than it pays, so coverage of interest payments is not a concern.