GHCL Textiles Balance Sheet Health
Financial Health criteria checks 5/6
GHCL Textiles has a total shareholder equity of ₹14.1B and total debt of ₹140.6M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ₹16.4B and ₹2.2B respectively. GHCL Textiles's EBIT is ₹517.5M making its interest coverage ratio 17.5. It has cash and short-term investments of ₹1.1B.
Key information
1.0%
Debt to equity ratio
₹140.60m
Debt
| Interest coverage ratio | 17.5x |
| Cash | ₹1.06b |
| Equity | ₹14.14b |
| Total liabilities | ₹2.23b |
| Total assets | ₹16.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543918's short term assets (₹5.4B) exceed its short term liabilities (₹930.5M).
Long Term Liabilities: 543918's short term assets (₹5.4B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: 543918 has more cash than its total debt.
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 (1128.8%).
Interest Coverage: 543918's interest payments on its debt are well covered by EBIT (17.5x coverage).