Gokaldas Exports Balance Sheet Health
Financial Health criteria checks 5/6
Gokaldas Exports has a total shareholder equity of ₹19.5B and total debt of ₹4.0B, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are ₹30.9B and ₹11.4B respectively. Gokaldas Exports's EBIT is ₹1.8B making its interest coverage ratio 3.7. It has cash and short-term investments of ₹5.5B.
Key information
20.6%
Debt to equity ratio
₹4.02b
Debt
| Interest coverage ratio | 3.7x |
| Cash | ₹5.49b |
| Equity | ₹19.48b |
| Total liabilities | ₹11.38b |
| Total assets | ₹30.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532630's short term assets (₹16.5B) exceed its short term liabilities (₹7.8B).
Long Term Liabilities: 532630's short term assets (₹16.5B) exceed its long term liabilities (₹3.5B).
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 154.6% to 20.6% over the past 5 years.
Debt Coverage: 532630's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532630's interest payments on its debt are well covered by EBIT (3.7x coverage).