GHCL Textiles Balance Sheet Health
Financial Health criteria checks 5/6
GHCL Textiles has a total shareholder equity of ₹13.9B and total debt of ₹718.2M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are ₹16.3B and ₹2.5B respectively. GHCL Textiles's EBIT is ₹463.4M making its interest coverage ratio 10.9. It has cash and short-term investments of ₹103.0M.
Key information
5.2%
Debt to equity ratio
₹718.20m
Debt
| Interest coverage ratio | 10.9x |
| Cash | ₹103.00m |
| Equity | ₹13.86b |
| Total liabilities | ₹2.47b |
| Total assets | ₹16.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543918's short term assets (₹5.3B) exceed its short term liabilities (₹894.1M).
Long Term Liabilities: 543918's short term assets (₹5.3B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: 543918's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543918's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543918's debt is well covered by operating cash flow (80.6%).
Interest Coverage: 543918's interest payments on its debt are well covered by EBIT (10.9x coverage).