GRP Balance Sheet Health
Financial Health criteria checks 3/6
GRP has a total shareholder equity of ₹1.5B and total debt of ₹947.3M, which brings its debt-to-equity ratio to 62.5%. Its total assets and total liabilities are ₹3.1B and ₹1.5B respectively. GRP's EBIT is ₹180.5M making its interest coverage ratio 2.9. It has cash and short-term investments of ₹163.6M.
Key information
62.5%
Debt to equity ratio
₹947.34m
Debt
Interest coverage ratio | 2.9x |
Cash | ₹163.56m |
Equity | ₹1.52b |
Total liabilities | ₹1.54b |
Total assets | ₹3.05b |
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 (₹1.2B).
Long Term Liabilities: 509152's short term assets (₹1.6B) exceed its long term liabilities (₹340.3M).
Debt to Equity History and Analysis
Debt Level: 509152's net debt to equity ratio (51.7%) is considered high.
Reducing Debt: 509152's debt to equity ratio has increased from 48.9% to 62.5% over the past 5 years.
Debt Coverage: 509152's debt is well covered by operating cash flow (27.7%).
Interest Coverage: 509152's interest payments on its debt are not well covered by EBIT (2.9x coverage).