Bhanderi Infracon Balance Sheet Health
Financial Health criteria checks 3/6
Bhanderi Infracon has a total shareholder equity of ₹256.0M and total debt of ₹222.8M, which brings its debt-to-equity ratio to 87%. Its total assets and total liabilities are ₹511.2M and ₹255.2M respectively. Bhanderi Infracon's EBIT is ₹6.3M making its interest coverage ratio -63.3. It has cash and short-term investments of ₹4.1M.
Key information
87.0%
Debt to equity ratio
₹222.77m
Debt
| Interest coverage ratio | -63.3x |
| Cash | ₹4.12m |
| Equity | ₹255.99m |
| Total liabilities | ₹255.25m |
| Total assets | ₹511.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538576's short term assets (₹472.5M) exceed its short term liabilities (₹255.2M).
Long Term Liabilities: 538576's short term assets (₹472.5M) exceed its long term liabilities (₹79.0K).
Debt to Equity History and Analysis
Debt Level: 538576's net debt to equity ratio (85.4%) is considered high.
Reducing Debt: 538576's debt to equity ratio has increased from 35.8% to 87% over the past 5 years.
Debt Coverage: 538576's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 538576 earns more interest than it pays, so coverage of interest payments is not a concern.