GRP Balance Sheet Health
Financial Health criteria checks 4/6
GRP has a total shareholder equity of ₹1.7B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are ₹3.5B and ₹1.8B respectively. GRP's EBIT is ₹369.1M making its interest coverage ratio 5.3. It has cash and short-term investments of ₹18.8M.
Key information
69.1%
Debt to equity ratio
₹1.15b
Debt
Interest coverage ratio | 5.3x |
Cash | ₹18.77m |
Equity | ₹1.67b |
Total liabilities | ₹1.81b |
Total assets | ₹3.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509152's short term assets (₹1.6B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 509152's short term assets (₹1.6B) exceed its long term liabilities (₹395.2M).
Debt to Equity History and Analysis
Debt Level: 509152's net debt to equity ratio (68%) is considered high.
Reducing Debt: 509152's debt to equity ratio has increased from 54.3% to 69.1% over the past 5 years.
Debt Coverage: 509152's debt is well covered by operating cash flow (32%).
Interest Coverage: 509152's interest payments on its debt are well covered by EBIT (5.3x coverage).