Blue Dart Express Balance Sheet Health
Financial Health criteria checks 5/6
Blue Dart Express has a total shareholder equity of ₹13.7B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are ₹34.6B and ₹20.9B respectively. Blue Dart Express's EBIT is ₹4.3B making its interest coverage ratio 6.7. It has cash and short-term investments of ₹4.8B.
Key information
18.7%
Debt to equity ratio
₹2.56b
Debt
Interest coverage ratio | 6.7x |
Cash | ₹4.78b |
Equity | ₹13.67b |
Total liabilities | ₹20.94b |
Total assets | ₹34.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526612's short term assets (₹12.9B) do not cover its short term liabilities (₹14.9B).
Long Term Liabilities: 526612's short term assets (₹12.9B) exceed its long term liabilities (₹6.0B).
Debt to Equity History and Analysis
Debt Level: 526612 has more cash than its total debt.
Reducing Debt: 526612's debt to equity ratio has reduced from 99% to 18.7% over the past 5 years.
Debt Coverage: 526612's debt is well covered by operating cash flow (331%).
Interest Coverage: 526612's interest payments on its debt are well covered by EBIT (6.7x coverage).