GSB Finance Balance Sheet Health
Financial Health criteria checks 6/6
GSB Finance has a total shareholder equity of ₹143.5M and total debt of ₹16.4M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are ₹161.6M and ₹18.1M respectively. GSB Finance's EBIT is ₹6.5M making its interest coverage ratio 9.5. It has cash and short-term investments of ₹1.1M.
Key information
11.4%
Debt to equity ratio
₹16.36m
Debt
| Interest coverage ratio | 9.5x |
| Cash | ₹1.09m |
| Equity | ₹143.52m |
| Total liabilities | ₹18.07m |
| Total assets | ₹161.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511543's short term assets (₹153.5M) exceed its short term liabilities (₹17.4M).
Long Term Liabilities: 511543's short term assets (₹153.5M) exceed its long term liabilities (₹631.0K).
Debt to Equity History and Analysis
Debt Level: 511543's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: 511543's debt to equity ratio has reduced from 30.1% to 11.4% over the past 5 years.
Debt Coverage: 511543's debt is well covered by operating cash flow (167.3%).
Interest Coverage: 511543's interest payments on its debt are well covered by EBIT (9.5x coverage).