Gajanand International Balance Sheet Health
Financial Health criteria checks 3/6
Gajanand International has a total shareholder equity of ₹177.1M and total debt of ₹120.7M, which brings its debt-to-equity ratio to 68.1%. Its total assets and total liabilities are ₹393.1M and ₹216.0M respectively. Gajanand International's EBIT is ₹39.7M making its interest coverage ratio 4. It has cash and short-term investments of ₹4.4M.
Key information
68.1%
Debt to equity ratio
₹120.71m
Debt
| Interest coverage ratio | 4x |
| Cash | ₹4.45m |
| Equity | ₹177.14m |
| Total liabilities | ₹215.97m |
| Total assets | ₹393.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GAJANAND's short term assets (₹382.8M) exceed its short term liabilities (₹208.1M).
Long Term Liabilities: GAJANAND's short term assets (₹382.8M) exceed its long term liabilities (₹7.9M).
Debt to Equity History and Analysis
Debt Level: GAJANAND's net debt to equity ratio (65.6%) is considered high.
Reducing Debt: Insufficient data to determine if GAJANAND's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GAJANAND's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GAJANAND's interest payments on its debt are well covered by EBIT (4x coverage).