CG Power and Industrial Solutions Balance Sheet Health
Financial Health criteria checks 6/6
CG Power and Industrial Solutions has a total shareholder equity of ₹30.2B and total debt of ₹175.6M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹56.3B and ₹26.1B respectively. CG Power and Industrial Solutions's EBIT is ₹11.0B making its interest coverage ratio -18. It has cash and short-term investments of ₹14.4B.
Key information
0.6%
Debt to equity ratio
₹175.60m
Debt
| Interest coverage ratio | -18x |
| Cash | ₹14.41b |
| Equity | ₹30.19b |
| Total liabilities | ₹26.07b |
| Total assets | ₹56.26b |
Recent financial health updates
We Think CG Power and Industrial Solutions (NSE:CGPOWER) Can Manage Its Debt With Ease
Jan 25
CG Power and Industrial Solutions (NSE:CGPOWER) Has A Rock Solid Balance Sheet
Aug 11Recent updates
CG Power and Industrial Solutions (NSE:CGPOWER) Is Achieving High Returns On Its Capital
Aug 20CG Power and Industrial Solutions Limited's (NSE:CGPOWER) 25% Price Boost Is Out Of Tune With Revenues
Jun 04We Think You Should Be Aware Of Some Concerning Factors In CG Power and Industrial Solutions' (NSE:CGPOWER) Earnings
May 14CG Power and Industrial Solutions Limited's (NSE:CGPOWER) 28% Price Boost Is Out Of Tune With Revenues
Mar 28When Should You Buy CG Power and Industrial Solutions Limited (NSE:CGPOWER)?
Mar 01Investor Optimism Abounds CG Power and Industrial Solutions Limited (NSE:CGPOWER) But Growth Is Lacking
Feb 12We Think CG Power and Industrial Solutions (NSE:CGPOWER) Can Manage Its Debt With Ease
Jan 25At ₹389, Is CG Power and Industrial Solutions Limited (NSE:CGPOWER) Worth Looking At Closely?
Nov 11We Think CG Power and Industrial Solutions (NSE:CGPOWER) Might Have The DNA Of A Multi-Bagger
Oct 24CG Power and Industrial Solutions (NSE:CGPOWER) Has A Rock Solid Balance Sheet
Aug 11Is Now The Time To Look At Buying CG Power and Industrial Solutions Limited (NSE:CGPOWER)?
Jul 21CG Power and Industrial Solutions Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
May 11We Like CG Power and Industrial Solutions' (NSE:CGPOWER) Returns And Here's How They're Trending
May 05What Is CG Power and Industrial Solutions Limited's (NSE:CGPOWER) Share Price Doing?
Mar 29CG Power and Industrial Solutions Limited's (NSE:CGPOWER) Business Is Yet to Catch Up With Its Share Price
Mar 11The CG Power and Industrial Solutions (NSE:CGPOWER) Share Price Is Up 292% And Shareholders Are Boasting About It
Jan 27Is It Too Late To Consider Buying CG Power and Industrial Solutions Limited (NSE:CGPOWER)?
Dec 31
What Kind Of Shareholders Own CG Power and Industrial Solutions Limited (NSE:CGPOWER)?
Dec 05Financial Position Analysis
Short Term Liabilities: CGPOWER's short term assets (₹41.8B) exceed its short term liabilities (₹25.5B).
Long Term Liabilities: CGPOWER's short term assets (₹41.8B) exceed its long term liabilities (₹588.9M).
Debt to Equity History and Analysis
Debt Level: CGPOWER has more cash than its total debt.
Reducing Debt: CGPOWER's debt to equity ratio has reduced from 164.3% to 0.6% over the past 5 years.
Debt Coverage: CGPOWER's debt is well covered by operating cash flow (2260.8%).
Interest Coverage: CGPOWER earns more interest than it pays, so coverage of interest payments is not a concern.