Goenka Diamond and Jewels Balance Sheet Health
Financial Health criteria checks 2/6
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 76.3%. Its total assets and total liabilities are ₹8.0B and ₹5.6B respectively.
Key information
76.3%
Debt to equity ratio
₹1.81b
Debt
Interest coverage ratio | n/a |
Cash | ₹4.94m |
Equity | ₹2.38b |
Total liabilities | ₹5.58b |
Total assets | ₹7.95b |
Recent financial health 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 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 (₹1.1M).
Debt to Equity History and Analysis
Debt Level: GOENKA's net debt to equity ratio (76%) is considered high.
Reducing Debt: GOENKA's debt to equity ratio has increased from 73.8% to 76.3% over the past 5 years.
Debt Coverage: GOENKA's debt is not well covered by operating cash flow (0.4%).
Interest Coverage: Insufficient data to determine if GOENKA's interest payments on its debt are well covered by EBIT.