Gokaldas Exports Balance Sheet Health
Financial Health criteria checks 6/6
Gokaldas Exports has a total shareholder equity of ₹10.1B and total debt of ₹885.5M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are ₹15.3B and ₹5.3B respectively. Gokaldas Exports's EBIT is ₹1.7B making its interest coverage ratio 13.9. It has cash and short-term investments of ₹4.1B.
Key information
8.8%
Debt to equity ratio
₹885.54m
Debt
| Interest coverage ratio | 13.9x |
| Cash | ₹4.09b |
| Equity | ₹10.07b |
| Total liabilities | ₹5.28b |
| Total assets | ₹15.35b |
Recent financial health updates
Gokaldas Exports (NSE:GOKEX) Has A Rock Solid Balance Sheet
Jun 01
We Think Gokaldas Exports (NSE:GOKEX) Can Manage Its Debt With Ease
May 03Gokaldas Exports (NSE:GOKEX) Seems To Use Debt Quite Sensibly
Jul 21Recent updates
Gokaldas Exports' (NSE:GOKEX) Problems Go Beyond Poor Profit
Apr 26Analysts Just Published A Bright New Outlook For Gokaldas Exports Limited's (NSE:GOKEX)
Feb 08Estimating The Intrinsic Value Of Gokaldas Exports Limited (NSE:GOKEX)
Aug 19Gokaldas Exports (NSE:GOKEX) Has A Rock Solid Balance Sheet
Jun 01Should You Be Adding Gokaldas Exports (NSE:GOKEX) To Your Watchlist Today?
Jun 24The Return Trends At Gokaldas Exports (NSE:GOKEX) Look Promising
Jun 09We Think Gokaldas Exports (NSE:GOKEX) Can Manage Its Debt With Ease
May 03Do Gokaldas Exports's (NSE:GOKEX) Earnings Warrant Your Attention?
Feb 14Estimating The Fair Value Of Gokaldas Exports Limited (NSE:GOKEX)
Nov 01Gokaldas Exports (NSE:GOKEX) Seems To Use Debt Quite Sensibly
Jul 21At ₹170, Is Gokaldas Exports Limited (NSE:GOKEX) Worth Looking At Closely?
Jul 05Gokaldas Exports (NSE:GOKEX) Is Experiencing Growth In Returns On Capital
Jun 10What We Make Of Gokaldas Exports' (NSE:GOKEX) Returns On Capital
Mar 06Is Gokaldas Exports Limited (NSE:GOKEX) A High Quality Stock To Own?
Jan 30The Gokaldas Exports (NSE:GOKEX) Share Price Has Gained 34% And Shareholders Are Hoping For More
Dec 24We Like These Underlying Trends At Gokaldas Exports (NSE:GOKEX)
Oct 31
Financial Position Analysis
Short Term Liabilities: GOKEX's short term assets (₹10.1B) exceed its short term liabilities (₹4.2B).
Long Term Liabilities: GOKEX's short term assets (₹10.1B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: GOKEX has more cash than its total debt.
Reducing Debt: GOKEX's debt to equity ratio has reduced from 189% to 8.8% over the past 5 years.
Debt Coverage: GOKEX's debt is well covered by operating cash flow (198.2%).
Interest Coverage: GOKEX's interest payments on its debt are well covered by EBIT (13.9x coverage).