Giriraj Civil Developers Balance Sheet Health
Financial Health criteria checks 5/6
Giriraj Civil Developers has a total shareholder equity of ₹1.1B and total debt of ₹85.6M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are ₹1.7B and ₹589.2M respectively. Giriraj Civil Developers's EBIT is ₹133.6M making its interest coverage ratio 5. It has cash and short-term investments of ₹78.0M.
Key information
7.6%
Debt to equity ratio
₹85.56m
Debt
| Interest coverage ratio | 5x |
| Cash | ₹78.04m |
| Equity | ₹1.13b |
| Total liabilities | ₹589.22m |
| Total assets | ₹1.72b |
Recent financial health updates
No updates
Recent updates
With EPS Growth And More, Giriraj Civil Developers (NSE:GIRIRAJ) Makes An Interesting Case
Jul 14
Giriraj Civil Developers Limited (NSE:GIRIRAJ) Shares Slammed 26% But Getting In Cheap Might Be Difficult Regardless
Jun 22Giriraj Civil Developers (NSE:GIRIRAJ) Might Be Having Difficulty Using Its Capital Effectively
Jun 08Why Giriraj Civil Developers' (NSE:GIRIRAJ) Earnings Are Weaker Than They Seem
Jun 08With A 34% Price Drop For Giriraj Civil Developers Limited (NSE:GIRIRAJ) You'll Still Get What You Pay For
Feb 22Giriraj 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 (₹1.0B) exceed its short term liabilities (₹546.6M).
Long Term Liabilities: GIRIRAJ's short term assets (₹1.0B) exceed its long term liabilities (₹42.7M).
Debt to Equity History and Analysis
Debt Level: GIRIRAJ's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: GIRIRAJ's debt to equity ratio has reduced from 72.8% to 7.6% 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 (5x coverage).