Ginni Filaments Balance Sheet Health
Financial Health criteria checks 3/6
Ginni Filaments has a total shareholder equity of ₹2.6B and total debt of ₹2.8B, which brings its debt-to-equity ratio to 109.8%. Its total assets and total liabilities are ₹6.3B and ₹3.7B respectively.
Key information
109.8%
Debt to equity ratio
₹2.84b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹48.93m |
| Equity | ₹2.59b |
| Total liabilities | ₹3.75b |
| Total assets | ₹6.33b |
Recent financial health updates
Does Ginni Filaments (NSE:GINNIFILA) Have A Healthy Balance Sheet?
Aug 17
Does Ginni Filaments (NSE:GINNIFILA) Have A Healthy Balance Sheet?
Mar 28Ginni Filaments (NSE:GINNIFILA) Has A Somewhat Strained Balance Sheet
Aug 31These 4 Measures Indicate That Ginni Filaments (NSE:GINNIFILA) Is Using Debt Extensively
May 10Is Ginni Filaments (NSE:GINNIFILA) A Risky Investment?
Dec 08Here's Why Ginni Filaments (NSE:GINNIFILA) Can Manage Its Debt Responsibly
Jun 02Recent updates
Benign Growth For Ginni Filaments Limited (NSE:GINNIFILA) Underpins Stock's 27% Plummet
Mar 21Ginni Filaments Limited (NSE:GINNIFILA) Held Back By Insufficient Growth Even After Shares Climb 46%
Feb 02Ginni Filaments Limited's (NSE:GINNIFILA) 25% Price Boost Is Out Of Tune With Revenues
Dec 19Does Ginni Filaments (NSE:GINNIFILA) Have A Healthy Balance Sheet?
Aug 17Does Ginni Filaments (NSE:GINNIFILA) Have A Healthy Balance Sheet?
Mar 28Ginni Filaments (NSE:GINNIFILA) Has A Somewhat Strained Balance Sheet
Aug 31A Look Into Ginni Filaments' (NSE:GINNIFILA) Impressive Returns On Capital
Jun 17These 4 Measures Indicate That Ginni Filaments (NSE:GINNIFILA) Is Using Debt Extensively
May 10Calculating The Fair Value Of Ginni Filaments Limited (NSE:GINNIFILA)
Apr 06Returns On Capital Are A Standout For Ginni Filaments (NSE:GINNIFILA)
Feb 09Here's Why We Think Ginni Filaments (NSE:GINNIFILA) Is Well Worth Watching
Jan 17Is Ginni Filaments (NSE:GINNIFILA) A Risky Investment?
Dec 08Ginni Filaments (NSE:GINNIFILA) Is Achieving High Returns On Its Capital
Nov 04Is Now The Time To Put Ginni Filaments (NSE:GINNIFILA) On Your Watchlist?
Aug 10We Think Ginni Filaments (NSE:GINNIFILA) Might Have The DNA Of A Multi-Bagger
Jun 28Here's Why Ginni Filaments (NSE:GINNIFILA) Can Manage Its Debt Responsibly
Jun 02These Trends Paint A Bright Future For Ginni Filaments (NSE:GINNIFILA)
Feb 14Ginni Filaments (NSE:GINNIFILA) Seems To Use Debt Quite Sensibly
Jan 10
What We Learned About Ginni Filaments' (NSE:GINNIFILA) CEO Compensation
Dec 14Should You Use Ginni Filaments's (NSE:GINNIFILA) Statutory Earnings To Analyse It?
Nov 18Can Ginni Filaments (NSE:GINNIFILA) Turn Things Around?
Sep 30These 4 Measures Indicate That Ginni Filaments (NSE:GINNIFILA) Is Using Debt Extensively
Aug 08Ginni Filaments (NSE:GINNIFILA) Has A Somewhat Strained Balance Sheet
Aug 08Financial Position Analysis
Short Term Liabilities: GINNIFILA's short term assets (₹3.1B) exceed its short term liabilities (₹2.8B).
Long Term Liabilities: GINNIFILA's short term assets (₹3.1B) exceed its long term liabilities (₹941.0M).
Debt to Equity History and Analysis
Debt Level: GINNIFILA's net debt to equity ratio (107.9%) is considered high.
Reducing Debt: GINNIFILA's debt to equity ratio has reduced from 142.9% to 109.8% over the past 5 years.
Debt Coverage: GINNIFILA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GINNIFILA's interest payments on its debt are well covered by EBIT.