Birla Cable Balance Sheet Health
Financial Health criteria checks 3/6
Birla Cable has a total shareholder equity of ₹2.5B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are ₹4.7B and ₹2.3B respectively. Birla Cable's EBIT is ₹450.0M making its interest coverage ratio 3.9. It has cash and short-term investments of ₹47.1M.
Key information
61.9%
Debt to equity ratio
₹1.53b
Debt
Interest coverage ratio | 3.9x |
Cash | ₹47.15m |
Equity | ₹2.47b |
Total liabilities | ₹2.27b |
Total assets | ₹4.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500060's short term assets (₹3.2B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 500060's short term assets (₹3.2B) exceed its long term liabilities (₹856.7M).
Debt to Equity History and Analysis
Debt Level: 500060's net debt to equity ratio (60%) is considered high.
Reducing Debt: 500060's debt to equity ratio has increased from 21% to 61.9% over the past 5 years.
Debt Coverage: 500060's debt is not well covered by operating cash flow (10%).
Interest Coverage: 500060's interest payments on its debt are well covered by EBIT (3.9x coverage).