Birla Cable Balance Sheet Health
Financial Health criteria checks 4/6
Birla Cable has a total shareholder equity of ₹2.6B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 55.9%. Its total assets and total liabilities are ₹4.7B and ₹2.1B respectively. Birla Cable's EBIT is ₹206.9M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹136.6M.
Key information
55.9%
Debt to equity ratio
₹1.47b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹136.57m |
| Equity | ₹2.62b |
| Total liabilities | ₹2.10b |
| Total assets | ₹4.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500060's short term assets (₹2.9B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: 500060's short term assets (₹2.9B) exceed its long term liabilities (₹775.9M).
Debt to Equity History and Analysis
Debt Level: 500060's net debt to equity ratio (50.7%) is considered high.
Reducing Debt: 500060's debt to equity ratio has reduced from 68.4% to 55.9% over the past 5 years.
Debt Coverage: 500060's debt is well covered by operating cash flow (40.2%).
Interest Coverage: 500060's interest payments on its debt are not well covered by EBIT (1.8x coverage).