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.