Garden Reach Shipbuilders & Engineers Balance Sheet Health
Financial Health criteria checks 4/6
Garden Reach Shipbuilders & Engineers has a total shareholder equity of ₹16.7B and total debt of ₹656.7M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are ₹102.5B and ₹85.8B respectively. Garden Reach Shipbuilders & Engineers's EBIT is ₹2.0B making its interest coverage ratio 18.3. It has cash and short-term investments of ₹37.2B.
Key information
3.9%
Debt to equity ratio
₹656.71m
Debt
| Interest coverage ratio | 18.3x |
| Cash | ₹37.20b |
| Equity | ₹16.73b |
| Total liabilities | ₹85.78b |
| Total assets | ₹102.52b |
Recent financial health updates
Garden Reach Shipbuilders & Engineers (NSE:GRSE) Seems To Use Debt Rather Sparingly
Jul 24
Does Garden Reach Shipbuilders & Engineers (NSE:GRSE) Have A Healthy Balance Sheet?
Jun 11Recent updates
Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) CEO Will Probably Have Their Compensation Approved By Shareholders
Sep 14Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Will Be ₹1.44
Aug 31Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Aug 21Garden Reach Shipbuilders & Engineers (NSE:GRSE) Seems To Use Debt Rather Sparingly
Jul 24Optimistic Investors Push Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE) Shares Up 46% But Growth Is Lacking
Jun 12Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) Shares Climb 31% But Its Business Is Yet to Catch Up
Apr 28If EPS Growth Is Important To You, Garden Reach Shipbuilders & Engineers (NSE:GRSE) Presents An Opportunity
Apr 04Sentiment Still Eluding Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE)
Mar 13If EPS Growth Is Important To You, Garden Reach Shipbuilders & Engineers (NSE:GRSE) Presents An Opportunity
Oct 10This Is The Reason Why We Think Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) CEO Deserves A Bump Up To Their Compensation
Sep 16Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Will Be Reduced To ₹0.70
Sep 02Does Garden Reach Shipbuilders & Engineers (NSE:GRSE) Have A Healthy Balance Sheet?
Jun 11Should You Be Adding Garden Reach Shipbuilders & Engineers (NSE:GRSE) To Your Watchlist Today?
Apr 01Garden Reach Shipbuilders & Engineers (NSE:GRSE) Is Increasing Its Dividend To ₹5.50
Feb 13Here's Why We Think Garden Reach Shipbuilders & Engineers (NSE:GRSE) Is Well Worth Watching
Dec 09Garden Reach Shipbuilders & Engineers (NSE:GRSE) Ticks All The Boxes When It Comes To Earnings Growth
Aug 30Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Is Being Reduced To ₹1.15
Aug 31Here's What You Should Know About Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) 2.9% Dividend Yield
Apr 13Financial Position Analysis
Short Term Liabilities: GRSE's short term assets (₹94.5B) exceed its short term liabilities (₹84.6B).
Long Term Liabilities: GRSE's short term assets (₹94.5B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: GRSE has more cash than its total debt.
Reducing Debt: GRSE's debt to equity ratio has increased from 0% to 3.9% over the past 5 years.
Debt Coverage: GRSE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GRSE's interest payments on its debt are well covered by EBIT (18.3x coverage).