Gajanand International Balance Sheet Health
Financial Health criteria checks 4/6
Gajanand International has a total shareholder equity of ₹377.7M and total debt of ₹27.9M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are ₹448.4M and ₹70.7M respectively. Gajanand International's EBIT is ₹43.6M making its interest coverage ratio 3.6. It has cash and short-term investments of ₹27.8M.
Key information
7.4%
Debt to equity ratio
₹27.86m
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₹27.78m |
| Equity | ₹377.72m |
| Total liabilities | ₹70.73m |
| Total assets | ₹448.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GAJANAND's short term assets (₹438.5M) exceed its short term liabilities (₹63.1M).
Long Term Liabilities: GAJANAND's short term assets (₹438.5M) exceed its long term liabilities (₹7.6M).
Debt to Equity History and Analysis
Debt Level: GAJANAND's net debt to equity ratio (0.02%) is considered satisfactory.
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 (3.6x coverage).