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
We Think GRP (NSE:GRPLTD) Can Stay On Top Of Its Debt
Aug 26
Is GRP (NSE:GRPLTD) A Risky Investment?
Dec 09Does 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 24Recent updates
With EPS Growth And More, GRP (NSE:GRPLTD) Makes An Interesting Case
Nov 04GRP Limited (NSE:GRPLTD) Shares Slammed 27% But Getting In Cheap Might Be Difficult Regardless
Sep 19We Think GRP (NSE:GRPLTD) Can Stay On Top Of Its Debt
Aug 26We Take A Look At Whether GRP Limited's (NSE:GRPLTD) CEO May Be Underpaid
Jul 27GRP Limited (NSE:GRPLTD) Stocks Shoot Up 38% But Its P/S Still Looks Reasonable
Jul 22GRP's (NSE:GRPLTD) Solid Profits Have Weak Fundamentals
Jul 20GRP (NSE:GRPLTD) Is Paying Out A Larger Dividend Than Last Year
Jul 19Returns 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 12Financial Position Analysis
Short Term Liabilities: GRPLTD's short term assets (₹1.6B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: GRPLTD's short term assets (₹1.6B) exceed its long term liabilities (₹395.2M).
Debt to Equity History and Analysis
Debt Level: GRPLTD's net debt to equity ratio (68%) is considered high.
Reducing Debt: GRPLTD's debt to equity ratio has increased from 54.3% to 69.1% over the past 5 years.
Debt Coverage: GRPLTD's debt is well covered by operating cash flow (32%).
Interest Coverage: GRPLTD's interest payments on its debt are well covered by EBIT (5.3x coverage).