Garden Reach Shipbuilders & Engineers Balance Sheet Health
Financial Health criteria checks 5/6
Garden Reach Shipbuilders & Engineers has a total shareholder equity of ₹15.6B and total debt of ₹105.2M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ₹110.8B and ₹95.1B respectively. Garden Reach Shipbuilders & Engineers's EBIT is ₹1.3B making its interest coverage ratio -0.8. It has cash and short-term investments of ₹44.0B.
Key information
0.7%
Debt to equity ratio
₹105.22m
Debt
| Interest coverage ratio | -0.8x |
| Cash | ₹43.97b |
| Equity | ₹15.63b |
| Total liabilities | ₹95.13b |
| Total assets | ₹110.76b |
Recent financial health updates
Recent updates
Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) Shares Climb 31% But Its Business Is Yet to Catch Up
Apr 28
If 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 13The Garden Reach Shipbuilders & Engineers (NSE:GRSE) Share Price Has Gained 39% And Shareholders Are Hoping For More
Mar 10Here's What We Like About Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Upcoming Dividend
Feb 12
Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) Stock Has Shown A Decent Performance: Have Financials A Role To Play?
Feb 10Should You Or Shouldn't You: A Dividend Analysis on Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE)
Jan 13Financial Position Analysis
Short Term Liabilities: GRSE's short term assets (₹102.7B) exceed its short term liabilities (₹93.9B).
Long Term Liabilities: GRSE's short term assets (₹102.7B) 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 0.7% over the past 5 years.
Debt Coverage: GRSE's debt is well covered by operating cash flow (3766.5%).
Interest Coverage: GRSE earns more interest than it pays, so coverage of interest payments is not a concern.