GTV Engineering Balance Sheet Health
Financial Health criteria checks 6/6
GTV Engineering has a total shareholder equity of ₹323.5M and total debt of ₹61.7M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are ₹673.1M and ₹349.5M respectively. GTV Engineering's EBIT is ₹76.1M making its interest coverage ratio 89.6. It has cash and short-term investments of ₹174.9M.
Key information
19.1%
Debt to equity ratio
₹61.70m
Debt
Interest coverage ratio | 89.6x |
Cash | ₹174.93m |
Equity | ₹323.52m |
Total liabilities | ₹349.54m |
Total assets | ₹673.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539479's short term assets (₹448.3M) exceed its short term liabilities (₹335.0M).
Long Term Liabilities: 539479's short term assets (₹448.3M) exceed its long term liabilities (₹14.5M).
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 30.9% to 19.1% over the past 5 years.
Debt Coverage: 539479's debt is well covered by operating cash flow (259.5%).
Interest Coverage: 539479's interest payments on its debt are well covered by EBIT (89.6x coverage).