Greenchef Appliances Balance Sheet Health
Financial Health criteria checks 4/6
Greenchef Appliances has a total shareholder equity of ₹607.2M and total debt of ₹658.4M, which brings its debt-to-equity ratio to 108.4%. Its total assets and total liabilities are ₹1.9B and ₹1.3B respectively. Greenchef Appliances's EBIT is ₹168.8M making its interest coverage ratio 3.6. It has cash and short-term investments of ₹15.9M.
Key information
108.4%
Debt to equity ratio
₹658.36m
Debt
Interest coverage ratio | 3.6x |
Cash | ₹15.86m |
Equity | ₹607.15m |
Total liabilities | ₹1.34b |
Total assets | ₹1.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GREENCHEF's short term assets (₹1.5B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: GREENCHEF's short term assets (₹1.5B) exceed its long term liabilities (₹324.7M).
Debt to Equity History and Analysis
Debt Level: GREENCHEF's net debt to equity ratio (105.8%) 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 debt is well covered by operating cash flow (31.4%).
Interest Coverage: GREENCHEF's interest payments on its debt are well covered by EBIT (3.6x coverage).