Garuda Construction and Engineering Balance Sheet Health

Financial Health criteria checks 4/6

Garuda Construction and Engineering has a total shareholder equity of ₹1.2B and total debt of ₹1.5M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ₹2.3B and ₹1.1B respectively. Garuda Construction and Engineering's EBIT is ₹493.8M making its interest coverage ratio -177.8. It has cash and short-term investments of ₹5.1M.

Key information

0.1%

Debt to equity ratio

₹1.52m

Debt

Interest coverage ratio	-177.8x
Cash	₹5.07m
Equity	₹1.19b
Total liabilities	₹1.09b
Total assets	₹2.28b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GARUDA's short term assets (₹2.0B) exceed its short term liabilities (₹1.1B).

Long Term Liabilities: GARUDA's short term assets (₹2.0B) exceed its long term liabilities (₹1.8M).

Debt to Equity History and Analysis

Debt Level: GARUDA has more cash than its total debt.

Reducing Debt: Insufficient data to determine if GARUDA's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: GARUDA's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: GARUDA earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 19:11
End of Day Share Price	2024/12/24 00:00
Earnings	2024/03/31
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Garuda Construction and Engineering Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution