Brace Port Logistics Balance Sheet Health
Financial Health criteria checks 4/6
Brace Port Logistics has a total shareholder equity of ₹369.2M and total debt of ₹4.4M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ₹423.6M and ₹54.4M respectively. Brace Port Logistics's EBIT is ₹89.7M making its interest coverage ratio -81. It has cash and short-term investments of ₹180.6M.
Key information
1.2%
Debt to equity ratio
₹4.36m
Debt
| Interest coverage ratio | -81x |
| Cash | ₹180.56m |
| Equity | ₹369.24m |
| Total liabilities | ₹54.39m |
| Total assets | ₹423.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRACEPORT's short term assets (₹384.5M) exceed its short term liabilities (₹49.8M).
Long Term Liabilities: BRACEPORT's short term assets (₹384.5M) exceed its long term liabilities (₹4.6M).
Debt to Equity History and Analysis
Debt Level: BRACEPORT has more cash than its total debt.
Reducing Debt: Insufficient data to determine if BRACEPORT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BRACEPORT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BRACEPORT earns more interest than it pays, so coverage of interest payments is not a concern.