Baazar Style Retail Balance Sheet Health
Financial Health criteria checks 5/6
Baazar Style Retail has a total shareholder equity of ₹3.8B and total debt of ₹667.8M, which brings its debt-to-equity ratio to 17.6%. Its total assets and total liabilities are ₹14.9B and ₹11.1B respectively. Baazar Style Retail's EBIT is ₹861.0M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹585.2M.
Key information
17.6%
Debt to equity ratio
₹667.79m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹585.21m |
| Equity | ₹3.80b |
| Total liabilities | ₹11.09b |
| Total assets | ₹14.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544243's short term assets (₹6.3B) exceed its short term liabilities (₹5.0B).
Long Term Liabilities: 544243's short term assets (₹6.3B) exceed its long term liabilities (₹6.1B).
Debt to Equity History and Analysis
Debt Level: 544243's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: 544243's debt to equity ratio has reduced from 73.4% to 17.6% over the past 5 years.
Debt Coverage: 544243's debt is well covered by operating cash flow (224.6%).
Interest Coverage: 544243's interest payments on its debt are not well covered by EBIT (1.6x coverage).