Gensol Engineering Balance Sheet Health
Financial Health criteria checks 1/6
Gensol Engineering has a total shareholder equity of ₹6.0B and total debt of ₹12.1B, which brings its debt-to-equity ratio to 201.5%. Its total assets and total liabilities are ₹25.5B and ₹19.5B respectively. Gensol Engineering's EBIT is ₹2.6B making its interest coverage ratio 2.6. It has cash and short-term investments of ₹2.6B.
Key information
201.5%
Debt to equity ratio
₹12.12b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₹2.57b |
| Equity | ₹6.02b |
| Total liabilities | ₹19.50b |
| Total assets | ₹25.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GENSOL's short term assets (₹10.5B) exceed its short term liabilities (₹8.2B).
Long Term Liabilities: GENSOL's short term assets (₹10.5B) do not cover its long term liabilities (₹11.3B).
Debt to Equity History and Analysis
Debt Level: GENSOL's net debt to equity ratio (158.8%) is considered high.
Reducing Debt: GENSOL's debt to equity ratio has increased from 46.5% to 201.5% over the past 5 years.
Debt Coverage: GENSOL's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: GENSOL's interest payments on its debt are not well covered by EBIT (2.6x coverage).