Black Box Balance Sheet Health
Financial Health criteria checks 6/6
Black Box has a total shareholder equity of ₹6.4B and total debt of ₹4.1B, which brings its debt-to-equity ratio to 65.2%. Its total assets and total liabilities are ₹29.8B and ₹23.4B respectively. Black Box's EBIT is ₹3.8B making its interest coverage ratio 10.2. It has cash and short-term investments of ₹2.9B.
Key information
65.2%
Debt to equity ratio
₹4.15b
Debt
| Interest coverage ratio | 10.2x |
| Cash | ₹2.91b |
| Equity | ₹6.36b |
| Total liabilities | ₹23.44b |
| Total assets | ₹29.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500463's short term assets (₹19.9B) exceed its short term liabilities (₹16.1B).
Long Term Liabilities: 500463's short term assets (₹19.9B) exceed its long term liabilities (₹7.3B).
Debt to Equity History and Analysis
Debt Level: 500463's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: 500463's debt to equity ratio has reduced from 921.2% to 65.2% over the past 5 years.
Debt Coverage: 500463's debt is well covered by operating cash flow (49.4%).
Interest Coverage: 500463's interest payments on its debt are well covered by EBIT (10.2x coverage).