Godrej Industries Balance Sheet Health
Financial Health criteria checks 2/6
Godrej Industries has a total shareholder equity of ₹158.9B and total debt of ₹349.9B, which brings its debt-to-equity ratio to 220.2%. Its total assets and total liabilities are ₹715.5B and ₹556.6B respectively. Godrej Industries's EBIT is ₹28.5B making its interest coverage ratio 2.2. It has cash and short-term investments of ₹74.7B.
Key information
220.2%
Debt to equity ratio
₹349.94b
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹74.69b |
| Equity | ₹158.91b |
| Total liabilities | ₹556.56b |
| Total assets | ₹715.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500164's short term assets (₹461.0B) exceed its short term liabilities (₹403.7B).
Long Term Liabilities: 500164's short term assets (₹461.0B) exceed its long term liabilities (₹152.8B).
Debt to Equity History and Analysis
Debt Level: 500164's net debt to equity ratio (173.2%) is considered high.
Reducing Debt: 500164's debt to equity ratio has increased from 75.1% to 220.2% 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 (2.2x coverage).