Bajel Projects Balance Sheet Health
Financial Health criteria checks 3/6
Bajel Projects has a total shareholder equity of ₹5.8B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are ₹16.2B and ₹10.4B respectively. Bajel Projects's EBIT is ₹429.3M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹2.0B.
Key information
29.3%
Debt to equity ratio
₹1.71b
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹1.97b |
| Equity | ₹5.83b |
| Total liabilities | ₹10.39b |
| Total assets | ₹16.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAJEL's short term assets (₹12.0B) exceed its short term liabilities (₹10.1B).
Long Term Liabilities: BAJEL's short term assets (₹12.0B) exceed its long term liabilities (₹294.1M).
Debt to Equity History and Analysis
Debt Level: BAJEL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if BAJEL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BAJEL's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: BAJEL's interest payments on its debt are not well covered by EBIT (1.6x coverage).