Greenlam Industries Balance Sheet Health
Financial Health criteria checks 3/6
Greenlam Industries has a total shareholder equity of ₹10.2B and total debt of ₹9.5B, which brings its debt-to-equity ratio to 92.9%. Its total assets and total liabilities are ₹25.0B and ₹14.8B respectively. Greenlam Industries's EBIT is ₹2.1B making its interest coverage ratio 6.9. It has cash and short-term investments of ₹2.1B.
Key information
92.9%
Debt to equity ratio
₹9.49b
Debt
| Interest coverage ratio | 6.9x |
| Cash | ₹2.09b |
| Equity | ₹10.22b |
| Total liabilities | ₹14.80b |
| Total assets | ₹25.03b |
Recent financial health updates
Does Greenlam Industries (NSE:GREENLAM) Have A Healthy Balance Sheet?
Mar 27
Is Greenlam Industries (NSE:GREENLAM) A Risky Investment?
Mar 29Greenlam Industries (NSE:GREENLAM) Has A Pretty Healthy Balance Sheet
Jun 23Does Greenlam Industries (NSE:GREENLAM) Have A Healthy Balance Sheet?
Dec 10Does Greenlam Industries (NSE:GREENLAM) Have A Healthy Balance Sheet?
Feb 04Recent updates
Is It Time To Consider Buying Greenlam Industries Limited (NSE:GREENLAM)?
May 07Does Greenlam Industries (NSE:GREENLAM) Have A Healthy Balance Sheet?
Mar 27Here's Why We Think Greenlam Industries (NSE:GREENLAM) Might Deserve Your Attention Today
Mar 12Earnings Miss: Greenlam Industries Limited Missed EPS By 24% And Analysts Are Revising Their Forecasts
Feb 07Getting In Cheap On Greenlam Industries Limited (NSE:GREENLAM) Might Be Difficult
Jan 17With EPS Growth And More, Greenlam Industries (NSE:GREENLAM) Makes An Interesting Case
Nov 21Greenlam Industries (NSE:GREENLAM) Will Want To Turn Around Its Return Trends
Sep 26Greenlam Industries (NSE:GREENLAM) Is Paying Out A Larger Dividend Than Last Year
Jun 02Here's Why We Think Greenlam Industries (NSE:GREENLAM) Might Deserve Your Attention Today
May 30Is Greenlam Industries (NSE:GREENLAM) A Risky Investment?
Mar 29Is Now The Time To Look At Buying Greenlam Industries Limited (NSE:GREENLAM)?
Oct 07Greenlam Industries (NSE:GREENLAM) Has A Pretty Healthy Balance Sheet
Jun 23Does Greenlam Industries (NSE:GREENLAM) Deserve A Spot On Your Watchlist?
Jun 02Does Greenlam Industries (NSE:GREENLAM) Have A Healthy Balance Sheet?
Dec 10Why You Should Care About Greenlam Industries' (NSE:GREENLAM) Strong Returns On Capital
Nov 11Shareholders May Be More Conservative With Greenlam Industries Limited's (NSE:GREENLAM) CEO Compensation For Now
Aug 05There May Be Reason For Hope In Greenlam Industries' (NSE:GREENLAM) Disappointing Earnings
Jun 02When Should You Buy Greenlam Industries Limited (NSE:GREENLAM)?
May 02Should You Be Impressed By Greenlam Industries' (NSE:GREENLAM) Returns on Capital?
Mar 13Is Greenlam Industries Limited's (NSE:GREENLAM) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Feb 28Did Greenlam Industries Limited (NSE:GREENLAM) Insiders Sell Shares?
Feb 16Does Greenlam Industries (NSE:GREENLAM) Have A Healthy Balance Sheet?
Feb 04How Does Greenlam Industries' (NSE:GREENLAM) CEO Pay Compare With Company Performance?
Jan 23
Is Now An Opportune Moment To Examine Greenlam Industries Limited (NSE:GREENLAM)?
Jan 11Greenlam Industries (NSE:GREENLAM) Share Prices Have Dropped 38% In The Last Three Years
Dec 30What To Know Before Buying Greenlam Industries Limited (NSE:GREENLAM) For Its Dividend
Dec 18The Returns At Greenlam Industries (NSE:GREENLAM) Provide Us With Signs Of What's To Come
Dec 06Greenlam Industries Limited's (NSE:GREENLAM) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
Nov 24Have Insiders Sold Greenlam Industries Limited (NSE:GREENLAM) Shares Recently?
Nov 12Financial Position Analysis
Short Term Liabilities: GREENLAM's short term assets (₹10.3B) exceed its short term liabilities (₹7.6B).
Long Term Liabilities: GREENLAM's short term assets (₹10.3B) exceed its long term liabilities (₹7.2B).
Debt to Equity History and Analysis
Debt Level: GREENLAM's net debt to equity ratio (72.4%) is considered high.
Reducing Debt: GREENLAM's debt to equity ratio has increased from 68.2% to 92.9% over the past 5 years.
Debt Coverage: GREENLAM's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: GREENLAM's interest payments on its debt are well covered by EBIT (6.9x coverage).