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.