GRP Balance Sheet Health
Financial Health criteria checks 4/6
GRP has a total shareholder equity of ₹1.7B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 67.5%. Its total assets and total liabilities are ₹3.4B and ₹1.8B respectively. GRP's EBIT is ₹382.5M making its interest coverage ratio 5.3. It has cash and short-term investments of ₹18.9M.
Key information
67.5%
Debt to equity ratio
₹1.13b
Debt
| Interest coverage ratio | 5.3x |
| Cash | ₹18.86m |
| Equity | ₹1.67b |
| Total liabilities | ₹1.76b |
| Total assets | ₹3.42b |
Recent financial health updates
Is GRP (NSE:GRPLTD) A Risky Investment?
Dec 09
Does GRP (NSE:GRPLTD) Have A Healthy Balance Sheet?
Jan 13GRP (NSE:GRPLTD) Takes On Some Risk With Its Use Of Debt
Jul 09These 4 Measures Indicate That GRP (NSE:GRPLTD) Is Using Debt Extensively
Dec 14Here's Why GRP (NSE:GRPLTD) Can Manage Its Debt Responsibly
May 24GRP (NSE:GRPLTD) Is Carrying A Fair Bit Of Debt
Dec 01
Recent updates
Returns Are Gaining Momentum At GRP (NSE:GRPLTD)
Jun 28GRP Limited's (NSE:GRPLTD) 40% Jump Shows Its Popularity With Investors
Jun 07Earnings Not Telling The Story For GRP Limited (NSE:GRPLTD) After Shares Rise 30%
Feb 24Is GRP (NSE:GRPLTD) A Risky Investment?
Dec 09Returns Are Gaining Momentum At GRP (NSE:GRPLTD)
Aug 29Do GRP's (NSE:GRPLTD) Earnings Warrant Your Attention?
Apr 28Returns On Capital At GRP (NSE:GRPLTD) Have Stalled
Feb 26Does GRP (NSE:GRPLTD) Have A Healthy Balance Sheet?
Jan 13GRP's (NSE:GRPLTD) Upcoming Dividend Will Be Larger Than Last Year's
Jul 31GRP (NSE:GRPLTD) Takes On Some Risk With Its Use Of Debt
Jul 09The Returns On Capital At GRP (NSE:GRPLTD) Don't Inspire Confidence
Feb 02These 4 Measures Indicate That GRP (NSE:GRPLTD) Is Using Debt Extensively
Dec 14We Think Shareholders May Want To Consider A Review Of GRP Limited's (NSE:GRPLTD) CEO Compensation Package
Aug 05Here's Why GRP (NSE:GRPLTD) Can Manage Its Debt Responsibly
May 24What We Learned About GRP's (NSE:GRPLTD) CEO Compensation
Feb 12GRP (NSE:GRPLTD) Is Carrying A Fair Bit Of Debt
Dec 01We Think GRP (NSE:GRPLTD) Has A Fair Chunk Of Debt
Aug 18Financial Position Analysis
Short Term Liabilities: GRPLTD's short term assets (₹1.7B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: GRPLTD's short term assets (₹1.7B) exceed its long term liabilities (₹381.5M).
Debt to Equity History and Analysis
Debt Level: GRPLTD's net debt to equity ratio (66.4%) is considered high.
Reducing Debt: GRPLTD's debt to equity ratio has increased from 49.8% to 67.5% over the past 5 years.
Debt Coverage: GRPLTD's debt is well covered by operating cash flow (24%).
Interest Coverage: GRPLTD's interest payments on its debt are well covered by EBIT (5.3x coverage).