Bikewo Green Tech Balance Sheet Health
Financial Health criteria checks 3/6
Bikewo Green Tech has a total shareholder equity of ₹167.7M and total debt of ₹75.3M, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are ₹315.1M and ₹147.5M respectively. Bikewo Green Tech's EBIT is ₹26.2M making its interest coverage ratio 8.4. It has cash and short-term investments of ₹742.0K.
Key information
44.9%
Debt to equity ratio
₹75.26m
Debt
| Interest coverage ratio | 8.4x |
| Cash | ₹742.00k |
| Equity | ₹167.67m |
| Total liabilities | ₹147.47m |
| Total assets | ₹315.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIKEWO's short term assets (₹199.8M) exceed its short term liabilities (₹134.0M).
Long Term Liabilities: BIKEWO's short term assets (₹199.8M) exceed its long term liabilities (₹13.5M).
Debt to Equity History and Analysis
Debt Level: BIKEWO's net debt to equity ratio (44.4%) is considered high.
Reducing Debt: BIKEWO's debt to equity ratio has increased from 0% to 44.9% 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 (8.4x coverage).