GTV Engineering Balance Sheet Health
Financial Health criteria checks 5/6
GTV Engineering has a total shareholder equity of ₹389.0M and total debt of ₹61.9M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are ₹650.3M and ₹261.3M respectively. GTV Engineering's EBIT is ₹75.3M making its interest coverage ratio -12.3. It has cash and short-term investments of ₹156.8M.
Key information
15.9%
Debt to equity ratio
₹61.87m
Debt
| Interest coverage ratio | -12.3x |
| Cash | ₹156.81m |
| Equity | ₹388.99m |
| Total liabilities | ₹261.31m |
| Total assets | ₹650.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539479's short term assets (₹445.0M) exceed its short term liabilities (₹248.5M).
Long Term Liabilities: 539479's short term assets (₹445.0M) exceed its long term liabilities (₹12.8M).
Debt to Equity History and Analysis
Debt Level: 539479 has more cash than its total debt.
Reducing Debt: 539479's debt to equity ratio has reduced from 59.6% to 15.9% over the past 5 years.
Debt Coverage: 539479's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539479 earns more interest than it pays, so coverage of interest payments is not a concern.