Global Pet Industries Balance Sheet Health
Financial Health criteria checks 6/6
Global Pet Industries has a total shareholder equity of ₹244.4M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹345.6M and ₹101.2M respectively. Global Pet Industries's EBIT is ₹16.4M making its interest coverage ratio 20.4. It has cash and short-term investments of ₹111.6M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 20.4x |
Cash | ₹111.64m |
Equity | ₹244.42m |
Total liabilities | ₹101.18m |
Total assets | ₹345.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLOBALPET's short term assets (₹280.6M) exceed its short term liabilities (₹95.4M).
Long Term Liabilities: GLOBALPET's short term assets (₹280.6M) exceed its long term liabilities (₹5.8M).
Debt to Equity History and Analysis
Debt Level: GLOBALPET is debt free.
Reducing Debt: GLOBALPET has no debt compared to 5 years ago when its debt to equity ratio was 5.8%.
Debt Coverage: GLOBALPET has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GLOBALPET has no debt, therefore coverage of interest payments is not a concern.