Balurghat Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Balurghat Technologies has a total shareholder equity of ₹163.7M and total debt of ₹121.9M, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are ₹337.0M and ₹173.3M respectively. Balurghat Technologies's EBIT is ₹37.4M making its interest coverage ratio 5.5. It has cash and short-term investments of ₹52.0M.
Key information
74.5%
Debt to equity ratio
₹121.89m
Debt
| Interest coverage ratio | 5.5x |
| Cash | ₹52.01m |
| Equity | ₹163.69m |
| Total liabilities | ₹173.34m |
| Total assets | ₹337.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 520127's short term assets (₹276.1M) exceed its short term liabilities (₹146.3M).
Long Term Liabilities: 520127's short term assets (₹276.1M) exceed its long term liabilities (₹27.1M).
Debt to Equity History and Analysis
Debt Level: 520127's net debt to equity ratio (42.7%) is considered high.
Reducing Debt: 520127's debt to equity ratio has reduced from 124.8% to 74.5% over the past 5 years.
Debt Coverage: 520127's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: 520127's interest payments on its debt are well covered by EBIT (5.5x coverage).