Baazar Style Retail Balance Sheet Health
Financial Health criteria checks 2/6
Baazar Style Retail has a total shareholder equity of ₹2.2B and total debt of ₹6.6B, which brings its debt-to-equity ratio to 305.6%. Its total assets and total liabilities are ₹11.7B and ₹9.5B respectively. Baazar Style Retail's EBIT is ₹768.8M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹140.8M.
Key information
305.6%
Debt to equity ratio
₹6.57b
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹140.83m |
| Equity | ₹2.15b |
| Total liabilities | ₹9.51b |
| Total assets | ₹11.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544243's short term assets (₹5.0B) exceed its short term liabilities (₹4.8B).
Long Term Liabilities: 544243's short term assets (₹5.0B) exceed its long term liabilities (₹4.7B).
Debt to Equity History and Analysis
Debt Level: 544243's net debt to equity ratio (299.1%) is considered high.
Reducing Debt: 544243's debt to equity ratio has increased from 72.1% to 305.6% over the past 5 years.
Debt Coverage: 544243's debt is not well covered by operating cash flow (17%).
Interest Coverage: 544243's interest payments on its debt are not well covered by EBIT (1.6x coverage).