GE Vernova T&D India Balance Sheet Health
Financial Health criteria checks 6/6
GE Vernova T&D India has a total shareholder equity of ₹12.4B and total debt of ₹418.2M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are ₹35.8B and ₹23.4B respectively. GE Vernova T&D India's EBIT is ₹4.2B making its interest coverage ratio 22.3. It has cash and short-term investments of ₹1.3B.
Key information
3.4%
Debt to equity ratio
₹418.20m
Debt
| Interest coverage ratio | 22.3x |
| Cash | ₹1.34b |
| Equity | ₹12.43b |
| Total liabilities | ₹23.41b |
| Total assets | ₹35.84b |
Recent financial health updates
GE T&D India (NSE:GET&D) Has A Pretty Healthy Balance Sheet
Mar 25
GE T&D India (NSE:GET&D) Has A Pretty Healthy Balance Sheet
Dec 14Here's Why GE T&D India (NSE:GET&D) Has A Meaningful Debt Burden
Sep 09Is GE T&D India (NSE:GET&D) A Risky Investment?
May 26Recent updates
Returns On Capital At GE T&D India (NSE:GET&D) Have Stalled
Jul 16Investors Appear Satisfied With GE T&D India Limited's (NSE:GET&D) Prospects As Shares Rocket 26%
Jun 08GE T&D India's (NSE:GET&D) Performance Is Even Better Than Its Earnings Suggest
May 28Why Investors Shouldn't Be Surprised By GE T&D India Limited's (NSE:GET&D) P/S
Apr 21GE T&D India (NSE:GET&D) Has A Pretty Healthy Balance Sheet
Mar 25GE T&D India (NSE:GET&D) Shareholders Will Want The ROCE Trajectory To Continue
Mar 04What GE T&D India Limited's (NSE:GET&D) 37% Share Price Gain Is Not Telling You
Jan 06GE T&D India (NSE:GET&D) Has A Pretty Healthy Balance Sheet
Dec 14GE T&D India's (NSE:GET&D) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Nov 01Here's Why GE T&D India (NSE:GET&D) Has A Meaningful Debt Burden
Sep 09GE T&D India (NSE:GET&D) Could Be At Risk Of Shrinking As A Company
Jul 18Is GE T&D India (NSE:GET&D) A Risky Investment?
May 26GE T&D India (NSE:GET&D) Will Want To Turn Around Its Return Trends
Jun 21Here's What's Concerning About GE T&D India's (NSE:GET&D) Returns On Capital
Feb 10We Think GE T&D India's (NSE:GET&D) Profit Is Only A Baseline For What They Can Achieve
Nov 17How Much Did GE T&D India's(NSE:GET&D) Shareholders Earn From Share Price Movements Over The Last Three Years?
Feb 27Financial Position Analysis
Short Term Liabilities: GET&D's short term assets (₹26.3B) exceed its short term liabilities (₹22.5B).
Long Term Liabilities: GET&D's short term assets (₹26.3B) exceed its long term liabilities (₹904.9M).
Debt to Equity History and Analysis
Debt Level: GET&D has more cash than its total debt.
Reducing Debt: GET&D's debt to equity ratio has reduced from 5.6% to 3.4% over the past 5 years.
Debt Coverage: GET&D's debt is well covered by operating cash flow (1239.5%).
Interest Coverage: GET&D's interest payments on its debt are well covered by EBIT (22.3x coverage).