Goenka Diamond and Jewels Balance Sheet Health
Financial Health criteria checks 4/6
Goenka Diamond and Jewels has a total shareholder equity of ₹2.4B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 76.7%. Its total assets and total liabilities are ₹7.9B and ₹5.6B respectively.
Key information
76.7%
Debt to equity ratio
₹1.81b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹6.27m |
| Equity | ₹2.36b |
| Total liabilities | ₹5.58b |
| Total assets | ₹7.94b |
Recent financial health updates
Does Goenka Diamond and Jewels (NSE:GOENKA) Have A Healthy Balance Sheet?
Jun 08
Is Goenka Diamond and Jewels (NSE:GOENKA) A Risky Investment?
Dec 29Goenka Diamond and Jewels (NSE:GOENKA) Is Making Moderate Use Of Debt
Sep 15Would Goenka Diamond and Jewels (NSE:GOENKA) Be Better Off With Less Debt?
Nov 26Goenka Diamond and Jewels (NSE:GOENKA) Is Carrying A Fair Bit Of Debt
Jun 11Is Goenka Diamond and Jewels (NSE:GOENKA) A Risky Investment?
Sep 08Recent updates
Does Goenka Diamond and Jewels (NSE:GOENKA) Have A Healthy Balance Sheet?
Jun 08Is Goenka Diamond and Jewels (NSE:GOENKA) A Risky Investment?
Dec 29Goenka Diamond and Jewels (NSE:GOENKA) Is Making Moderate Use Of Debt
Sep 15A Look At The Fair Value Of Goenka Diamond and Jewels Limited (NSE:GOENKA)
May 31Would Goenka Diamond and Jewels (NSE:GOENKA) Be Better Off With Less Debt?
Nov 26Goenka Diamond and Jewels (NSE:GOENKA) Is Carrying A Fair Bit Of Debt
Jun 11Is Goenka Diamond and Jewels (NSE:GOENKA) A Risky Investment?
Sep 08Financial Position Analysis
Short Term Liabilities: GOENKA's short term assets (₹7.9B) exceed its short term liabilities (₹5.6B).
Long Term Liabilities: GOENKA's short term assets (₹7.9B) exceed its long term liabilities (₹944.0K).
Debt to Equity History and Analysis
Debt Level: GOENKA's net debt to equity ratio (76.5%) is considered high.
Reducing Debt: GOENKA's debt to equity ratio has increased from 74.1% to 76.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GOENKA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GOENKA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.3% per year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 05:07 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Goenka Diamond and Jewels Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|