G R Infraprojects Balance Sheet Health
Financial Health criteria checks 3/6
G R Infraprojects has a total shareholder equity of ₹67.9B and total debt of ₹63.2B, which brings its debt-to-equity ratio to 93.1%. Its total assets and total liabilities are ₹149.0B and ₹81.1B respectively. G R Infraprojects's EBIT is ₹20.2B making its interest coverage ratio 4.1. It has cash and short-term investments of ₹10.2B.
Key information
93.1%
Debt to equity ratio
₹63.24b
Debt
Interest coverage ratio | 4.1x |
Cash | ₹10.16b |
Equity | ₹67.94b |
Total liabilities | ₹81.10b |
Total assets | ₹149.04b |
Recent financial health updates
Recent updates
G R Infraprojects Limited's (NSE:GRINFRA) Price Is Right But Growth Is Lacking
Mar 21These 4 Measures Indicate That G R Infraprojects (NSE:GRINFRA) Is Using Debt Extensively
Jan 31G R Infraprojects (NSE:GRINFRA) Will Want To Turn Around Its Return Trends
Dec 23Investors Could Be Concerned With G R Infraprojects' (NSE:GRINFRA) Returns On Capital
Jul 25Is Now The Time To Put G R Infraprojects (NSE:GRINFRA) On Your Watchlist?
Jul 07There Are Reasons To Feel Uneasy About G R Infraprojects' (NSE:GRINFRA) Returns On Capital
Apr 04Here's What's Concerning About G R Infraprojects' (NSE:GRINFRA) Returns On Capital
Dec 21G R Infraprojects' (NSE:GRINFRA) Returns On Capital Not Reflecting Well On The Business
Jul 19Lacklustre Performance Is Driving G R Infraprojects Limited's (NSE:GRINFRA) 26% Price Drop
Feb 24Financial Position Analysis
Short Term Liabilities: GRINFRA's short term assets (₹62.9B) exceed its short term liabilities (₹22.8B).
Long Term Liabilities: GRINFRA's short term assets (₹62.9B) exceed its long term liabilities (₹58.3B).
Debt to Equity History and Analysis
Debt Level: GRINFRA's net debt to equity ratio (78.1%) is considered high.
Reducing Debt: GRINFRA's debt to equity ratio has increased from 88.4% to 93.1% over the past 5 years.
Debt Coverage: GRINFRA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GRINFRA's interest payments on its debt are well covered by EBIT (4.1x coverage).