Blue Dart Express Balance Sheet Health
Financial Health criteria checks 5/6
Blue Dart Express has a total shareholder equity of ₹14.2B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are ₹35.9B and ₹21.6B respectively. Blue Dart Express's EBIT is ₹4.0B making its interest coverage ratio 6.1. It has cash and short-term investments of ₹4.5B.
Key information
17.5%
Debt to equity ratio
₹2.50b
Debt
| Interest coverage ratio | 6.1x |
| Cash | ₹4.52b |
| Equity | ₹14.25b |
| Total liabilities | ₹21.61b |
| Total assets | ₹35.86b |
Recent financial health updates
Here's Why Blue Dart Express (NSE:BLUEDART) Can Manage Its Debt Responsibly
Dec 25
Is Blue Dart Express (NSE:BLUEDART) Using Too Much Debt?
Jun 01Here's Why Blue Dart Express (NSE:BLUEDART) Can Manage Its Debt Responsibly
Dec 26Is Blue Dart Express (NSE:BLUEDART) Using Too Much Debt?
Sep 13These 4 Measures Indicate That Blue Dart Express (NSE:BLUEDART) Is Using Debt Reasonably Well
Jun 06Is Blue Dart Express (NSE:BLUEDART) Using Too Much Debt?
Dec 21Recent updates
Here's Why Blue Dart Express (NSE:BLUEDART) Can Manage Its Debt Responsibly
Dec 25Calculating The Intrinsic Value Of Blue Dart Express Limited (NSE:BLUEDART)
Dec 07Blue Dart Express' (NSE:BLUEDART) Conservative Accounting Might Explain Soft Earnings
Nov 18Blue Dart Express Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 15Earnings Tell The Story For Blue Dart Express Limited (NSE:BLUEDART)
Oct 18Investors Should Be Encouraged By Blue Dart Express' (NSE:BLUEDART) Returns On Capital
Sep 18Calculating The Fair Value Of Blue Dart Express Limited (NSE:BLUEDART)
Aug 28Blue Dart Express Limited's (NSE:BLUEDART) Share Price Matching Investor Opinion
Jun 22Is Blue Dart Express (NSE:BLUEDART) Using Too Much Debt?
Jun 01There May Be Some Bright Spots In Blue Dart Express' (NSE:BLUEDART) Earnings
May 10Blue Dart Express Limited (NSE:BLUEDART) Just Released Its Annual Earnings: Here's What Analysts Think
May 05Capital Investment Trends At Blue Dart Express (NSE:BLUEDART) Look Strong
Mar 26Blue Dart Express Limited's (NSE:BLUEDART) Popularity With Investors Is Clear
Feb 17Here's Why Blue Dart Express (NSE:BLUEDART) Can Manage Its Debt Responsibly
Dec 26Many Would Be Envious Of Blue Dart Express' (NSE:BLUEDART) Excellent Returns On Capital
Dec 05Is Blue Dart Express (NSE:BLUEDART) Using Too Much Debt?
Sep 13Capital Investment Trends At Blue Dart Express (NSE:BLUEDART) Look Strong
Aug 20Blue Dart Express (NSE:BLUEDART) Is Reducing Its Dividend To ₹30.00
Jul 12Blue Dart Express (NSE:BLUEDART) Will Pay A Smaller Dividend Than Last Year
Jun 10These 4 Measures Indicate That Blue Dart Express (NSE:BLUEDART) Is Using Debt Reasonably Well
Jun 06Blue Dart Express' (NSE:BLUEDART) Shareholders Will Receive A Smaller Dividend Than Last Year
May 11Blue Dart Express (NSE:BLUEDART) Is Aiming To Keep Up Its Impressive Returns
May 09Blue Dart Express (NSE:BLUEDART) Could Become A Multi-Bagger
Jan 29Is Blue Dart Express (NSE:BLUEDART) Using Too Much Debt?
Dec 21Here's Why Blue Dart Express (NSE:BLUEDART) Has Caught The Eye Of Investors
Sep 23Why We Like The Returns At Blue Dart Express (NSE:BLUEDART)
Sep 06Blue Dart Express (NSE:BLUEDART) Has A Rock Solid Balance Sheet
Jun 09Why The 39% Return On Capital At Blue Dart Express (NSE:BLUEDART) Should Have Your Attention
May 21Blue Dart Express (NSE:BLUEDART) Knows How To Allocate Capital
Jan 29Blue Dart Express (NSE:BLUEDART) Has A Rock Solid Balance Sheet
Jan 08Capital Investment Trends At Blue Dart Express (NSE:BLUEDART) Look Strong
Oct 20Does Blue Dart Express (NSE:BLUEDART) Have A Healthy Balance Sheet?
Jul 20Financial Position Analysis
Short Term Liabilities: BLUEDART's short term assets (₹13.7B) do not cover its short term liabilities (₹15.3B).
Long Term Liabilities: BLUEDART's short term assets (₹13.7B) exceed its long term liabilities (₹6.3B).
Debt to Equity History and Analysis
Debt Level: BLUEDART has more cash than its total debt.
Reducing Debt: BLUEDART's debt to equity ratio has reduced from 78% to 17.5% over the past 5 years.
Debt Coverage: BLUEDART's debt is well covered by operating cash flow (341%).
Interest Coverage: BLUEDART's interest payments on its debt are well covered by EBIT (6.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 11:35 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Blue Dart Express Limited is covered by 20 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dhruv Jain | Ambit Capital |
| Nitin Bhasin | Ambit Capital |
| Vijayaraghavan Swaminathan | Avendus Spark |