Goyal Aluminiums Balance Sheet Health
Financial Health criteria checks 5/6
Goyal Aluminiums has a total shareholder equity of ₹186.6M and total debt of ₹4.4M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are ₹205.7M and ₹19.1M respectively. Goyal Aluminiums's EBIT is ₹29.4M making its interest coverage ratio 37.7. It has cash and short-term investments of ₹984.0K.
Key information
2.4%
Debt to equity ratio
₹4.41m
Debt
Interest coverage ratio | 37.7x |
Cash | ₹984.00k |
Equity | ₹186.62m |
Total liabilities | ₹19.11m |
Total assets | ₹205.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541152's short term assets (₹150.5M) exceed its short term liabilities (₹17.7M).
Long Term Liabilities: 541152's short term assets (₹150.5M) exceed its long term liabilities (₹1.4M).
Debt to Equity History and Analysis
Debt Level: 541152's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: 541152's debt to equity ratio has increased from 0% to 2.4% over the past 5 years.
Debt Coverage: 541152's debt is well covered by operating cash flow (1160.3%).
Interest Coverage: 541152's interest payments on its debt are well covered by EBIT (37.7x coverage).