Greenchef Appliances Balance Sheet Health
Financial Health criteria checks 2/6
Greenchef Appliances has a total shareholder equity of ₹1.1B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 105.6%. Its total assets and total liabilities are ₹2.9B and ₹1.8B respectively. Greenchef Appliances's EBIT is ₹107.0M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹411.4M.
Key information
105.6%
Debt to equity ratio
₹1.21b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹411.40m |
| Equity | ₹1.15b |
| Total liabilities | ₹1.75b |
| Total assets | ₹2.90b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GREENCHEF's short term assets (₹2.1B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: GREENCHEF's short term assets (₹2.1B) exceed its long term liabilities (₹280.4M).
Debt to Equity History and Analysis
Debt Level: GREENCHEF's net debt to equity ratio (69.7%) is considered high.
Reducing Debt: Insufficient data to determine if GREENCHEF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GREENCHEF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GREENCHEF's interest payments on its debt are not well covered by EBIT (2.3x coverage).