Greenlam Industries Balance Sheet Health
Financial Health criteria checks 3/6
Greenlam Industries has a total shareholder equity of ₹10.8B and total debt of ₹11.1B, which brings its debt-to-equity ratio to 103%. Its total assets and total liabilities are ₹27.4B and ₹16.6B respectively. Greenlam Industries's EBIT is ₹2.0B making its interest coverage ratio 4.8. It has cash and short-term investments of ₹1.8B.
Key information
103.0%
Debt to equity ratio
₹11.09b
Debt
| Interest coverage ratio | 4.8x |
| Cash | ₹1.80b |
| Equity | ₹10.77b |
| Total liabilities | ₹16.59b |
| Total assets | ₹27.36b |
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 10Recent updates
Greenlam Industries Limited Just Missed Earnings - But Analysts Have Updated Their Models
Jul 26Solid Earnings May Not Tell The Whole Story For Greenlam Industries (NSE:GREENLAM)
Jun 05Greenlam Industries Limited (NSE:GREENLAM) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?
Jun 01Is 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 02Financial Position Analysis
Short Term Liabilities: GREENLAM's short term assets (₹10.8B) exceed its short term liabilities (₹9.0B).
Long Term Liabilities: GREENLAM's short term assets (₹10.8B) exceed its long term liabilities (₹7.6B).
Debt to Equity History and Analysis
Debt Level: GREENLAM's net debt to equity ratio (86.3%) is considered high.
Reducing Debt: GREENLAM's debt to equity ratio has increased from 62.9% to 103% over the past 5 years.
Debt Coverage: GREENLAM's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: GREENLAM's interest payments on its debt are well covered by EBIT (4.8x coverage).