Balurghat Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Balurghat Technologies has a total shareholder equity of ₹180.3M and total debt of ₹107.1M, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are ₹336.4M and ₹156.1M respectively. Balurghat Technologies's EBIT is ₹29.8M making its interest coverage ratio 4.4. It has cash and short-term investments of ₹44.6M.
Key information
59.4%
Debt to equity ratio
₹107.05m
Debt
Interest coverage ratio | 4.4x |
Cash | ₹44.60m |
Equity | ₹180.28m |
Total liabilities | ₹156.09m |
Total assets | ₹336.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 520127's short term assets (₹290.3M) exceed its short term liabilities (₹107.0M).
Long Term Liabilities: 520127's short term assets (₹290.3M) exceed its long term liabilities (₹49.0M).
Debt to Equity History and Analysis
Debt Level: 520127's net debt to equity ratio (34.6%) is considered satisfactory.
Reducing Debt: 520127's debt to equity ratio has increased from 39.8% to 59.4% over the past 5 years.
Debt Coverage: 520127's debt is not well covered by operating cash flow (14%).
Interest Coverage: 520127's interest payments on its debt are well covered by EBIT (4.4x coverage).