Gensol Engineering Balance Sheet Health
Financial Health criteria checks 1/6
Gensol Engineering has a total shareholder equity of ₹3.1B and total debt of ₹14.0B, which brings its debt-to-equity ratio to 446.1%. Its total assets and total liabilities are ₹23.3B and ₹20.1B respectively. Gensol Engineering's EBIT is ₹1.5B making its interest coverage ratio 1.4. It has cash and short-term investments of ₹3.8B.
Key information
446.1%
Debt to equity ratio
₹13.97b
Debt
Interest coverage ratio | 1.4x |
Cash | ₹3.79b |
Equity | ₹3.13b |
Total liabilities | ₹20.15b |
Total assets | ₹23.28b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GENSOL's short term assets (₹11.2B) exceed its short term liabilities (₹8.3B).
Long Term Liabilities: GENSOL's short term assets (₹11.2B) do not cover its long term liabilities (₹11.9B).
Debt to Equity History and Analysis
Debt Level: GENSOL's net debt to equity ratio (325.1%) is considered high.
Reducing Debt: GENSOL's debt to equity ratio has increased from 66.1% to 446.1% over the past 5 years.
Debt Coverage: GENSOL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GENSOL's interest payments on its debt are not well covered by EBIT (1.4x coverage).