Ganesha Ecosphere Balance Sheet Health
Financial Health criteria checks 4/6
Ganesha Ecosphere has a total shareholder equity of ₹11.0B and total debt of ₹4.9B, which brings its debt-to-equity ratio to 44.4%. Its total assets and total liabilities are ₹17.7B and ₹6.7B respectively. Ganesha Ecosphere's EBIT is ₹1.4B making its interest coverage ratio 5.2. It has cash and short-term investments of ₹1.2B.
Key information
44.4%
Debt to equity ratio
₹4.86b
Debt
| Interest coverage ratio | 5.2x |
| Cash | ₹1.21b |
| Equity | ₹10.95b |
| Total liabilities | ₹6.73b |
| Total assets | ₹17.68b |
Recent financial health updates
Is Ganesha Ecosphere (NSE:GANECOS) Using Too Much Debt?
Jun 21
Ganesha Ecosphere (NSE:GANECOS) Has A Pretty Healthy Balance Sheet
Feb 04Ganesha Ecosphere (NSE:GANECOS) Has A Pretty Healthy Balance Sheet
Mar 13Ganesha Ecosphere (NSE:GANECOS) Has A Pretty Healthy Balance Sheet
Dec 12
Recent updates
Market Participants Recognise Ganesha Ecosphere Limited's (NSE:GANECOS) Revenues Pushing Shares 25% Higher
Oct 17Investors Appear Satisfied With Ganesha Ecosphere Limited's (NSE:GANECOS) Prospects As Shares Rocket 27%
Aug 20Investors Appear Satisfied With Ganesha Ecosphere Limited's (NSE:GANECOS) Prospects As Shares Rocket 31%
Jul 05Investors Could Be Concerned With Ganesha Ecosphere's (NSE:GANECOS) Returns On Capital
Jun 26Ganesha Ecosphere's (NSE:GANECOS) Shareholders Have More To Worry About Than Only Soft Earnings
May 31It Looks Like Shareholders Would Probably Approve Ganesha Ecosphere Limited's (NSE:GANECOS) CEO Compensation Package
Sep 15This Is Why Ganesha Ecosphere Limited's (NSE:GANECOS) CEO Can Expect A Bump Up In Their Pay Packet
Sep 24Is Ganesha Ecosphere (NSE:GANECOS) Using Too Much Debt?
Jun 21Some Investors May Be Worried About Ganesha Ecosphere's (NSE:GANECOS) Returns On Capital
May 28Ganesha Ecosphere (NSE:GANECOS) Has A Pretty Healthy Balance Sheet
Feb 04There Are Reasons To Feel Uneasy About Ganesha Ecosphere's (NSE:GANECOS) Returns On Capital
Jan 20Be Wary Of Ganesha Ecosphere (NSE:GANECOS) And Its Returns On Capital
May 20Would Ganesha Ecosphere Limited (NSE:GANECOS) Be Valuable To Income Investors?
Mar 26Ganesha Ecosphere (NSE:GANECOS) Has A Pretty Healthy Balance Sheet
Mar 13The Ganesha Ecosphere (NSE:GANECOS) Share Price Is Up 343% And Shareholders Are Delighted
Feb 28Ganesha Ecosphere Limited (NSE:GANECOS) Insiders Increased Their Holdings
Feb 15Will Ganesha Ecosphere (NSE:GANECOS) Multiply In Value Going Forward?
Feb 02Is Ganesha Ecosphere Limited's(NSE:GANECOS) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 20Is Ganesha Ecosphere Limited (NSE:GANECOS) Popular Amongst Insiders?
Jan 07Three Things You Should Check Before Buying Ganesha Ecosphere Limited (NSE:GANECOS) For Its Dividend
Dec 25Ganesha Ecosphere (NSE:GANECOS) Has A Pretty Healthy Balance Sheet
Dec 12Financial Position Analysis
Short Term Liabilities: GANECOS's short term assets (₹7.8B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: GANECOS's short term assets (₹7.8B) exceed its long term liabilities (₹4.2B).
Debt to Equity History and Analysis
Debt Level: GANECOS's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: GANECOS's debt to equity ratio has increased from 15.9% to 44.4% over the past 5 years.
Debt Coverage: GANECOS's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: GANECOS's interest payments on its debt are well covered by EBIT (5.2x coverage).