Gloster Balance Sheet Health
Financial Health criteria checks 5/6
Gloster has a total shareholder equity of ₹11.1B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are ₹14.7B and ₹3.6B respectively. Gloster's EBIT is ₹265.5M making its interest coverage ratio 10.5. It has cash and short-term investments of ₹531.2M.
Key information
16.5%
Debt to equity ratio
₹1.84b
Debt
Interest coverage ratio | 10.5x |
Cash | ₹531.20m |
Equity | ₹11.10b |
Total liabilities | ₹3.60b |
Total assets | ₹14.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLOSTERLTD's short term assets (₹3.0B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: GLOSTERLTD's short term assets (₹3.0B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: GLOSTERLTD's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: GLOSTERLTD's debt to equity ratio has increased from 2.7% to 16.5% over the past 5 years.
Debt Coverage: GLOSTERLTD's debt is well covered by operating cash flow (20.7%).
Interest Coverage: GLOSTERLTD's interest payments on its debt are well covered by EBIT (10.5x coverage).