CG Power and Industrial Solutions Balance Sheet Health
Financial Health criteria checks 6/6
CG Power and Industrial Solutions has a total shareholder equity of ₹22.3B and total debt of ₹169.3M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹50.4B and ₹28.1B respectively. CG Power and Industrial Solutions's EBIT is ₹10.2B making its interest coverage ratio -41.3. It has cash and short-term investments of ₹11.8B.
Key information
0.8%
Debt to equity ratio
₹169.30m
Debt
Interest coverage ratio | -41.3x |
Cash | ₹11.82b |
Equity | ₹22.29b |
Total liabilities | ₹28.09b |
Total assets | ₹50.38b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500093's short term assets (₹36.8B) exceed its short term liabilities (₹27.5B).
Long Term Liabilities: 500093's short term assets (₹36.8B) exceed its long term liabilities (₹584.9M).
Debt to Equity History and Analysis
Debt Level: 500093 has more cash than its total debt.
Reducing Debt: 500093's debt to equity ratio has reduced from 118.9% to 0.8% over the past 5 years.
Debt Coverage: 500093's debt is well covered by operating cash flow (4600.1%).
Interest Coverage: 500093 earns more interest than it pays, so coverage of interest payments is not a concern.