Bharat Forge Balance Sheet Health
Financial Health criteria checks 4/6
Bharat Forge has a total shareholder equity of ₹70.3B and total debt of ₹75.1B, which brings its debt-to-equity ratio to 106.8%. Its total assets and total liabilities are ₹189.8B and ₹119.5B respectively. Bharat Forge's EBIT is ₹15.7B making its interest coverage ratio 3.6. It has cash and short-term investments of ₹22.6B.
Key information
106.8%
Debt to equity ratio
₹75.07b
Debt
Interest coverage ratio | 3.6x |
Cash | ₹22.60b |
Equity | ₹70.26b |
Total liabilities | ₹119.53b |
Total assets | ₹189.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BHFOR's short term assets (₹97.0B) exceed its short term liabilities (₹95.5B).
Long Term Liabilities: BHFOR's short term assets (₹97.0B) exceed its long term liabilities (₹24.0B).
Debt to Equity History and Analysis
Debt Level: BHFOR's net debt to equity ratio (74.7%) is considered high.
Reducing Debt: BHFOR's debt to equity ratio has increased from 73.1% to 106.8% over the past 5 years.
Debt Coverage: BHFOR's debt is well covered by operating cash flow (22.6%).
Interest Coverage: BHFOR's interest payments on its debt are well covered by EBIT (3.6x coverage).