Bhanderi Infracon Balance Sheet Health
Financial Health criteria checks 4/6
Bhanderi Infracon has a total shareholder equity of ₹284.8M and total debt of ₹206.1M, which brings its debt-to-equity ratio to 72.4%. Its total assets and total liabilities are ₹617.2M and ₹332.4M respectively. Bhanderi Infracon's EBIT is ₹8.2M making its interest coverage ratio -82. It has cash and short-term investments of ₹10.6M.
Key information
72.4%
Debt to equity ratio
₹206.10m
Debt
| Interest coverage ratio | -82x |
| Cash | ₹10.60m |
| Equity | ₹284.80m |
| Total liabilities | ₹332.40m |
| Total assets | ₹617.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538576's short term assets (₹611.2M) exceed its short term liabilities (₹331.4M).
Long Term Liabilities: 538576's short term assets (₹611.2M) exceed its long term liabilities (₹1,000.0K).
Debt to Equity History and Analysis
Debt Level: 538576's net debt to equity ratio (68.6%) is considered high.
Reducing Debt: 538576's debt to equity ratio has increased from 35.8% to 72.4% over the past 5 years.
Debt Coverage: 538576's debt is well covered by operating cash flow (23%).
Interest Coverage: 538576 earns more interest than it pays, so coverage of interest payments is not a concern.