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).

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 03:51
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Bikewo Green Tech Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution