Goblin India Balance Sheet Health
Financial Health criteria checks 4/6
Goblin India has a total shareholder equity of ₹394.2M and total debt of ₹246.2M, which brings its debt-to-equity ratio to 62.5%. Its total assets and total liabilities are ₹763.7M and ₹369.5M respectively. Goblin India's EBIT is ₹31.6M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹1.9M.
Key information
62.5%
Debt to equity ratio
₹246.22m
Debt
Interest coverage ratio | 3.1x |
Cash | ₹1.88m |
Equity | ₹394.21m |
Total liabilities | ₹369.49m |
Total assets | ₹763.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542850's short term assets (₹691.0M) exceed its short term liabilities (₹182.1M).
Long Term Liabilities: 542850's short term assets (₹691.0M) exceed its long term liabilities (₹187.3M).
Debt to Equity History and Analysis
Debt Level: 542850's net debt to equity ratio (62%) is considered high.
Reducing Debt: 542850's debt to equity ratio has reduced from 339.6% to 62.5% over the past 5 years.
Debt Coverage: 542850's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 542850's interest payments on its debt are well covered by EBIT (3.1x coverage).