Gokaldas Exports Balance Sheet Health
Financial Health criteria checks 6/6
Gokaldas Exports has a total shareholder equity of ₹10.1B and total debt of ₹885.5M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are ₹15.3B and ₹5.3B respectively. Gokaldas Exports's EBIT is ₹1.7B making its interest coverage ratio 13.9. It has cash and short-term investments of ₹4.1B.
Key information
8.8%
Debt to equity ratio
₹885.54m
Debt
Interest coverage ratio | 13.9x |
Cash | ₹4.09b |
Equity | ₹10.07b |
Total liabilities | ₹5.28b |
Total assets | ₹15.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532630's short term assets (₹10.1B) exceed its short term liabilities (₹4.2B).
Long Term Liabilities: 532630's short term assets (₹10.1B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 532630 has more cash than its total debt.
Reducing Debt: 532630's debt to equity ratio has reduced from 189% to 8.8% over the past 5 years.
Debt Coverage: 532630's debt is well covered by operating cash flow (198.2%).
Interest Coverage: 532630's interest payments on its debt are well covered by EBIT (13.9x coverage).