Giriraj Civil Developers Balance Sheet Health
Financial Health criteria checks 4/6
Giriraj Civil Developers has a total shareholder equity of ₹617.3M and total debt of ₹427.5M, which brings its debt-to-equity ratio to 69.3%. Its total assets and total liabilities are ₹1.3B and ₹708.3M respectively. Giriraj Civil Developers's EBIT is ₹70.1M making its interest coverage ratio 3.3. It has cash and short-term investments of ₹161.8M.
Key information
69.3%
Debt to equity ratio
₹427.54m
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₹161.75m |
| Equity | ₹617.32m |
| Total liabilities | ₹708.31m |
| Total assets | ₹1.33b |
Recent financial health updates
No updates
Recent updates
With A 34% Price Drop For Giriraj Civil Developers Limited (NSE:GIRIRAJ) You'll Still Get What You Pay For
Feb 22
Giriraj Civil Developers Limited (NSE:GIRIRAJ) Stocks Pounded By 30% But Not Lagging Industry On Growth Or Pricing
Dec 18Why Investors Shouldn't Be Surprised By Giriraj Civil Developers Limited's (NSE:GIRIRAJ) 25% Share Price Plunge
Aug 05Financial Position Analysis
Short Term Liabilities: GIRIRAJ's short term assets (₹993.8M) exceed its short term liabilities (₹672.9M).
Long Term Liabilities: GIRIRAJ's short term assets (₹993.8M) exceed its long term liabilities (₹35.4M).
Debt to Equity History and Analysis
Debt Level: GIRIRAJ's net debt to equity ratio (43.1%) is considered high.
Reducing Debt: GIRIRAJ's debt to equity ratio has reduced from 73.8% to 69.3% over the past 5 years.
Debt Coverage: GIRIRAJ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GIRIRAJ's interest payments on its debt are well covered by EBIT (3.3x coverage).