Greaves Cotton Balance Sheet Health
Financial Health criteria checks 4/6
Greaves Cotton has a total shareholder equity of ₹15.7B and total debt of ₹572.1M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ₹24.5B and ₹8.8B respectively. Greaves Cotton's EBIT is ₹84.3M making its interest coverage ratio -0.3. It has cash and short-term investments of ₹3.6B.
Key information
3.6%
Debt to equity ratio
₹572.10m
Debt
| Interest coverage ratio | -0.3x |
| Cash | ₹3.60b |
| Equity | ₹15.74b |
| Total liabilities | ₹8.80b |
| Total assets | ₹24.55b |
Recent financial health updates
We Think Greaves Cotton (NSE:GREAVESCOT) Is Taking Some Risk With Its Debt
Nov 14
Here's Why Greaves Cotton (NSE:GREAVESCOT) Has A Meaningful Debt Burden
Dec 28Greaves 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
Greaves Cotton's (NSE:GREAVESCOT) Earnings Aren't As Good As They Appear
Nov 20We Think Greaves Cotton (NSE:GREAVESCOT) Is Taking Some Risk With Its Debt
Nov 14Greaves Cotton's (NSE:GREAVESCOT) Dividend Will Be Increased To ₹2.00
Jul 26Greaves Cotton (NSE:GREAVESCOT) Is Increasing Its Dividend To ₹2.00
Jul 12Investors Still Aren't Entirely Convinced By Greaves Cotton Limited's (NSE:GREAVESCOT) Revenues Despite 38% Price Jump
Jul 05Investors 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 02Financial Position Analysis
Short Term Liabilities: GREAVESCOT's short term assets (₹13.9B) exceed its short term liabilities (₹7.8B).
Long Term Liabilities: GREAVESCOT's short term assets (₹13.9B) exceed its long term liabilities (₹965.5M).
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% to 3.6% 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.