Greaves Cotton Balance Sheet Health
Financial Health criteria checks 4/6
Greaves Cotton has a total shareholder equity of ₹16.4B and total debt of ₹876.0M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are ₹26.5B and ₹10.2B respectively. Greaves Cotton's EBIT is ₹465.6M making its interest coverage ratio -1. It has cash and short-term investments of ₹8.4B.
Key information
5.4%
Debt to equity ratio
₹876.00m
Debt
| Interest coverage ratio | -1x |
| Cash | ₹8.44b |
| Equity | ₹16.37b |
| Total liabilities | ₹10.17b |
| Total assets | ₹26.54b |
Recent financial health updates
Here's Why Greaves Cotton (NSE:GREAVESCOT) Has A Meaningful Debt Burden
Dec 28
Greaves Cotton (NSE:GREAVESCOT) Has A Pretty Healthy Balance Sheet
Sep 01Is Greaves Cotton (NSE:GREAVESCOT) Using Debt In A Risky Way?
Jun 02Greaves Cotton (NSE:GREAVESCOT) Seems To Use Debt Quite Sensibly
Jan 10Recent updates
Investors Give Greaves Cotton Limited (NSE:GREAVESCOT) Shares A 27% Hiding
Mar 21Here's Why Greaves Cotton (NSE:GREAVESCOT) Has A Meaningful Debt Burden
Dec 28Greaves Cotton (NSE:GREAVESCOT) Has A Pretty Healthy Balance Sheet
Sep 01Here's What's Concerning About Greaves Cotton's (NSE:GREAVESCOT) Returns On Capital
May 10When Should You Buy Greaves Cotton Limited (NSE:GREAVESCOT)?
Dec 24Greaves Cotton's (NSE:GREAVESCOT) Earnings Are Weaker Than They Seem
Nov 22Is Greaves Cotton (NSE:GREAVESCOT) Using Debt In A Risky Way?
Jun 02These Return Metrics Don't Make Greaves Cotton (NSE:GREAVESCOT) Look Too Strong
Feb 03Greaves Cotton (NSE:GREAVESCOT) Seems To Use Debt Quite Sensibly
Jan 10Greaves Cotton (NSE:GREAVESCOT) Is Finding It Tricky To Allocate Its Capital
Sep 14Greaves Cotton's (NSE:GREAVESCOT) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jun 02Need To Know: Greaves Cotton Limited (NSE:GREAVESCOT) Insiders Have Been Buying Shares
Mar 14Calculating The Intrinsic Value Of Greaves Cotton Limited (NSE:GREAVESCOT)
Feb 12What Type Of Returns Would Greaves Cotton's(NSE:GREAVESCOT) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 03
Trade Alert: Meenakshi Behara At Greaves Cotton Limited (NSE:GREAVESCOT), Has Just Spent ₹1.4m Buying A Small Number of Shares
Dec 08Does Greaves Cotton's (NSE:GREAVESCOT) Returns On Capital Reflect Well On The Business?
Nov 20What Type Of Shareholders Own The Most Number of Greaves Cotton Limited (NSE:GREAVESCOT) Shares?
Oct 16Greaves Cotton (NSE:GREAVESCOT) Share Prices Have Dropped 47% In The Last Year
Sep 20Does Greaves Cotton Limited's (NSE:GREAVESCOT) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Aug 25Financial Position Analysis
Short Term Liabilities: GREAVESCOT's short term assets (₹16.1B) exceed its short term liabilities (₹9.3B).
Long Term Liabilities: GREAVESCOT's short term assets (₹16.1B) exceed its long term liabilities (₹825.5M).
Debt to Equity History and Analysis
Debt Level: GREAVESCOT has more cash than its total debt.
Reducing Debt: GREAVESCOT's debt to equity ratio has increased from 0.9% to 5.4% over the past 5 years.
Debt Coverage: GREAVESCOT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GREAVESCOT earns more interest than it pays, so coverage of interest payments is not a concern.