Bharat Global Developers Balance Sheet Health
Financial Health criteria checks 5/6
Bharat Global Developers has a total shareholder equity of ₹1.9B and total debt of ₹543.6M, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are ₹3.7B and ₹1.8B respectively. Bharat Global Developers's EBIT is ₹217.1M making its interest coverage ratio -1029. It has cash and short-term investments of ₹5.3M.
Key information
29.0%
Debt to equity ratio
₹543.58m
Debt
| Interest coverage ratio | -1029x |
| Cash | ₹5.28m |
| Equity | ₹1.87b |
| Total liabilities | ₹1.80b |
| Total assets | ₹3.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521238's short term assets (₹3.6B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 521238's short term assets (₹3.6B) exceed its long term liabilities (₹5.0K).
Debt to Equity History and Analysis
Debt Level: 521238's net debt to equity ratio (28.8%) is considered satisfactory.
Reducing Debt: 521238's debt to equity ratio has reduced from 808.6% to 29% over the past 5 years.
Debt Coverage: 521238's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 521238 earns more interest than it pays, so coverage of interest payments is not a concern.