Gala Global Products Balance Sheet Health
Financial Health criteria checks 2/6
Gala Global Products has a total shareholder equity of ₹439.2M and total debt of ₹259.3M, which brings its debt-to-equity ratio to 59%. Its total assets and total liabilities are ₹1.3B and ₹855.2M respectively. Gala Global Products's EBIT is ₹10.5M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹4.0K.
Key information
59.0%
Debt to equity ratio
₹259.32m
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹4.00k |
| Equity | ₹439.20m |
| Total liabilities | ₹855.17m |
| Total assets | ₹1.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539228's short term assets (₹1.2B) exceed its short term liabilities (₹663.5M).
Long Term Liabilities: 539228's short term assets (₹1.2B) exceed its long term liabilities (₹191.7M).
Debt to Equity History and Analysis
Debt Level: 539228's net debt to equity ratio (59%) is considered high.
Reducing Debt: 539228's debt to equity ratio has increased from 27.7% to 59% over the past 5 years.
Debt Coverage: 539228's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539228's interest payments on its debt are not well covered by EBIT (1.3x coverage).