Baazar Style Retail Balance Sheet Health
Financial Health criteria checks 3/6
Baazar Style Retail has a total shareholder equity of ₹2.2B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 82.8%. Its total assets and total liabilities are ₹11.7B and ₹9.5B respectively. Baazar Style Retail's EBIT is ₹713.4M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹140.8M.
Key information
82.8%
Debt to equity ratio
₹1.78b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹140.83m |
| Equity | ₹2.15b |
| Total liabilities | ₹9.51b |
| Total assets | ₹11.66b |
Recent financial health updates
No updates
Recent updates
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Financial Position Analysis
Short Term Liabilities: STYLEBAAZA's short term assets (₹5.0B) exceed its short term liabilities (₹4.8B).
Long Term Liabilities: STYLEBAAZA's short term assets (₹5.0B) exceed its long term liabilities (₹4.7B).
Debt to Equity History and Analysis
Debt Level: STYLEBAAZA's net debt to equity ratio (76.3%) is considered high.
Reducing Debt: STYLEBAAZA's debt to equity ratio has increased from 70.8% to 82.8% over the past 5 years.
Debt Coverage: STYLEBAAZA's debt is well covered by operating cash flow (62.6%).
Interest Coverage: STYLEBAAZA's interest payments on its debt are not well covered by EBIT (1.5x coverage).