Garden Reach Shipbuilders & Engineers Balance Sheet Health
Financial Health criteria checks 5/6
Garden Reach Shipbuilders & Engineers has a total shareholder equity of ₹15.6B and total debt of ₹105.2M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ₹110.8B and ₹95.1B respectively. Garden Reach Shipbuilders & Engineers's EBIT is ₹1.3B making its interest coverage ratio -0.8. It has cash and short-term investments of ₹44.0B.
Key information
0.7%
Debt to equity ratio
₹105.22m
Debt
Interest coverage ratio | -0.8x |
Cash | ₹43.97b |
Equity | ₹15.63b |
Total liabilities | ₹95.13b |
Total assets | ₹110.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542011's short term assets (₹102.7B) exceed its short term liabilities (₹93.9B).
Long Term Liabilities: 542011's short term assets (₹102.7B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 542011 has more cash than its total debt.
Reducing Debt: 542011's debt to equity ratio has increased from 0% to 0.7% over the past 5 years.
Debt Coverage: 542011's debt is well covered by operating cash flow (3766.5%).
Interest Coverage: 542011 earns more interest than it pays, so coverage of interest payments is not a concern.