GSB Finance Balance Sheet Health
Financial Health criteria checks 5/6
GSB Finance has a total shareholder equity of ₹141.4M and total debt of ₹54.1M, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are ₹195.8M and ₹54.4M respectively. GSB Finance's EBIT is ₹21.7M making its interest coverage ratio 5. It has cash and short-term investments of ₹10.6M.
Key information
38.3%
Debt to equity ratio
₹54.14m
Debt
Interest coverage ratio | 5x |
Cash | ₹10.62m |
Equity | ₹141.36m |
Total liabilities | ₹54.45m |
Total assets | ₹195.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511543's short term assets (₹193.5M) exceed its short term liabilities (₹53.9M).
Long Term Liabilities: 511543's short term assets (₹193.5M) exceed its long term liabilities (₹547.0K).
Debt to Equity History and Analysis
Debt Level: 511543's net debt to equity ratio (30.8%) is considered satisfactory.
Reducing Debt: 511543's debt to equity ratio has increased from 17.7% to 38.3% over the past 5 years.
Debt Coverage: 511543's debt is well covered by operating cash flow (22.3%).
Interest Coverage: 511543's interest payments on its debt are well covered by EBIT (5x coverage).