Brace Port Logistics Balance Sheet Health
Financial Health criteria checks 5/6
Brace Port Logistics has a total shareholder equity of ₹137.7M and total debt of ₹4.9M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ₹278.3M and ₹140.6M respectively. Brace Port Logistics's EBIT is ₹64.2M making its interest coverage ratio -41.4. It has cash and short-term investments of ₹46.0M.
Key information
3.6%
Debt to equity ratio
₹4.90m
Debt
| Interest coverage ratio | -41.4x |
| Cash | ₹46.01m |
| Equity | ₹137.72m |
| Total liabilities | ₹140.61m |
| Total assets | ₹278.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRACEPORT's short term assets (₹253.9M) exceed its short term liabilities (₹135.9M).
Long Term Liabilities: BRACEPORT's short term assets (₹253.9M) exceed its long term liabilities (₹4.7M).
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 debt is well covered by operating cash flow (106.7%).
Interest Coverage: BRACEPORT earns more interest than it pays, so coverage of interest payments is not a concern.