Greaves Cotton Balance Sheet Health
Financial Health criteria checks 3/6
Greaves Cotton has a total shareholder equity of ₹16.7B and total debt of ₹493.4M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are ₹24.6B and ₹7.9B respectively. Greaves Cotton's EBIT is ₹71.0M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹4.7B.
Key information
2.9%
Debt to equity ratio
₹493.40m
Debt
Interest coverage ratio | 0.8x |
Cash | ₹4.71b |
Equity | ₹16.74b |
Total liabilities | ₹7.90b |
Total assets | ₹24.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 501455's short term assets (₹11.9B) exceed its short term liabilities (₹6.9B).
Long Term Liabilities: 501455's short term assets (₹11.9B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: 501455 has more cash than its total debt.
Reducing Debt: 501455's debt to equity ratio has increased from 1.1% to 2.9% over the past 5 years.
Debt Coverage: 501455's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 501455's interest payments on its debt are not well covered by EBIT (0.8x coverage).