Goenka Diamond and Jewels Balance Sheet Health
Financial Health criteria checks 2/6
Goenka Diamond and Jewels has a total shareholder equity of ₹2.4B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 76.3%. Its total assets and total liabilities are ₹8.0B and ₹5.6B respectively.
Key information
76.3%
Debt to equity ratio
₹1.81b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹4.94m |
| Equity | ₹2.38b |
| Total liabilities | ₹5.58b |
| Total assets | ₹7.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533189's short term assets (₹7.9B) exceed its short term liabilities (₹5.6B).
Long Term Liabilities: 533189's short term assets (₹7.9B) exceed its long term liabilities (₹1.1M).
Debt to Equity History and Analysis
Debt Level: 533189's net debt to equity ratio (76%) is considered high.
Reducing Debt: 533189's debt to equity ratio has increased from 73.8% to 76.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 533189 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 533189 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.