Godha Cabcon & Insulation Balance Sheet Health
Financial Health criteria checks 5/6
Godha Cabcon & Insulation has a total shareholder equity of ₹684.6M and total debt of ₹19.1M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ₹706.6M and ₹22.0M respectively. Godha Cabcon & Insulation's EBIT is ₹15.1M making its interest coverage ratio 6.8. It has cash and short-term investments of ₹6.5M.
Key information
2.8%
Debt to equity ratio
₹19.13m
Debt
Interest coverage ratio | 6.8x |
Cash | ₹6.50m |
Equity | ₹684.59m |
Total liabilities | ₹21.96m |
Total assets | ₹706.55m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GODHA's short term assets (₹651.3M) exceed its short term liabilities (₹5.3M).
Long Term Liabilities: GODHA's short term assets (₹651.3M) exceed its long term liabilities (₹16.7M).
Debt to Equity History and Analysis
Debt Level: GODHA's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: GODHA's debt to equity ratio has reduced from 45.8% to 2.8% over the past 5 years.
Debt Coverage: GODHA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GODHA's interest payments on its debt are well covered by EBIT (6.8x coverage).