Goldstar Power Balance Sheet Health
Financial Health criteria checks 3/6
Goldstar Power has a total shareholder equity of ₹264.0M and total debt of ₹167.8M, which brings its debt-to-equity ratio to 63.6%. Its total assets and total liabilities are ₹502.1M and ₹238.1M respectively. Goldstar Power's EBIT is ₹63.9M making its interest coverage ratio 4.6. It has cash and short-term investments of ₹1.2M.
Key information
63.6%
Debt to equity ratio
₹167.84m
Debt
| Interest coverage ratio | 4.6x |
| Cash | ₹1.20m |
| Equity | ₹264.01m |
| Total liabilities | ₹238.12m |
| Total assets | ₹502.13m |
Recent financial health updates
Is Goldstar Power (NSE:GOLDSTAR) A Risky Investment?
Aug 30
Goldstar Power (NSE:GOLDSTAR) Has A Pretty Healthy Balance Sheet
Mar 25Is Goldstar Power (NSE:GOLDSTAR) Using Too Much Debt?
Nov 24Goldstar Power (NSE:GOLDSTAR) Has A Somewhat Strained Balance Sheet
Jun 30Recent updates
With EPS Growth And More, Goldstar Power (NSE:GOLDSTAR) Makes An Interesting Case
Dec 29With EPS Growth And More, Goldstar Power (NSE:GOLDSTAR) Makes An Interesting Case
Sep 25Is Goldstar Power (NSE:GOLDSTAR) A Risky Investment?
Aug 30Is Now The Time To Put Goldstar Power (NSE:GOLDSTAR) On Your Watchlist?
Jun 14Goldstar Power (NSE:GOLDSTAR) Has A Pretty Healthy Balance Sheet
Mar 25Is Goldstar Power (NSE:GOLDSTAR) Using Too Much Debt?
Nov 24Goldstar Power (NSE:GOLDSTAR) Has A Somewhat Strained Balance Sheet
Jun 30Financial Position Analysis
Short Term Liabilities: GOLDSTAR's short term assets (₹341.3M) exceed its short term liabilities (₹140.4M).
Long Term Liabilities: GOLDSTAR's short term assets (₹341.3M) exceed its long term liabilities (₹97.7M).
Debt to Equity History and Analysis
Debt Level: GOLDSTAR's net debt to equity ratio (63.1%) is considered high.
Reducing Debt: GOLDSTAR's debt to equity ratio has increased from 42.1% to 63.6% over the past 5 years.
Debt Coverage: GOLDSTAR's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: GOLDSTAR's interest payments on its debt are well covered by EBIT (4.6x coverage).