Greaves Cotton Balance Sheet Health
Financial Health criteria checks 4/6
Greaves Cotton has a total shareholder equity of ₹15.7B and total debt of ₹572.1M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ₹24.5B and ₹8.8B respectively. Greaves Cotton's EBIT is ₹84.3M making its interest coverage ratio -0.3. It has cash and short-term investments of ₹3.6B.
Key information
3.6%
Debt to equity ratio
₹572.10m
Debt
| Interest coverage ratio | -0.3x |
| Cash | ₹3.60b |
| Equity | ₹15.74b |
| Total liabilities | ₹8.80b |
| Total assets | ₹24.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 501455's short term assets (₹13.9B) exceed its short term liabilities (₹7.8B).
Long Term Liabilities: 501455's short term assets (₹13.9B) exceed its long term liabilities (₹965.5M).
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 0% to 3.6% over the past 5 years.
Debt Coverage: 501455's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 501455 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:38 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Greaves Cotton Limited is covered by 15 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nitin Bhasin | Ambit Capital |
| Santosh Yellapu | Angel Broking Private Limited |
| Bhalchandra Shinde | Batlivala & Karani Securities India Pvt. Ltd. |