Bikewo Green Tech Balance Sheet Health
Financial Health criteria checks 5/6
Bikewo Green Tech has a total shareholder equity of ₹389.8M and total debt of ₹75.2M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are ₹525.0M and ₹135.2M respectively. Bikewo Green Tech's EBIT is ₹29.3M making its interest coverage ratio 6.4. It has cash and short-term investments of ₹212.7M.
Key information
19.3%
Debt to equity ratio
₹75.23m
Debt
| Interest coverage ratio | 6.4x |
| Cash | ₹212.71m |
| Equity | ₹389.80m |
| Total liabilities | ₹135.20m |
| Total assets | ₹525.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIKEWO's short term assets (₹410.8M) exceed its short term liabilities (₹126.2M).
Long Term Liabilities: BIKEWO's short term assets (₹410.8M) exceed its long term liabilities (₹9.0M).
Debt to Equity History and Analysis
Debt Level: BIKEWO has more cash than its total debt.
Reducing Debt: BIKEWO's debt to equity ratio has reduced from 50.2% to 19.3% over the past 5 years.
Debt Coverage: BIKEWO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BIKEWO's interest payments on its debt are well covered by EBIT (6.4x coverage).