Godrej Industries Balance Sheet Health
Financial Health criteria checks 2/6
Godrej Industries has a total shareholder equity of ₹147.0B and total debt of ₹252.7B, which brings its debt-to-equity ratio to 171.9%. Its total assets and total liabilities are ₹522.7B and ₹375.6B respectively. Godrej Industries's EBIT is ₹22.3B making its interest coverage ratio 2. It has cash and short-term investments of ₹54.9B.
Key information
171.9%
Debt to equity ratio
₹252.73b
Debt
Interest coverage ratio | 2x |
Cash | ₹54.87b |
Equity | ₹147.04b |
Total liabilities | ₹375.63b |
Total assets | ₹522.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500164's short term assets (₹320.0B) exceed its short term liabilities (₹275.8B).
Long Term Liabilities: 500164's short term assets (₹320.0B) exceed its long term liabilities (₹99.8B).
Debt to Equity History and Analysis
Debt Level: 500164's net debt to equity ratio (134.6%) is considered high.
Reducing Debt: 500164's debt to equity ratio has increased from 98.1% to 171.9% over the past 5 years.
Debt Coverage: 500164's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 500164's interest payments on its debt are not well covered by EBIT (2x coverage).