GIC Housing Finance Balance Sheet Health
Financial Health criteria checks 3/6
GIC Housing Finance has a total shareholder equity of ₹17.4B and total debt of ₹87.4B, which brings its debt-to-equity ratio to 503.3%. Its total assets and total liabilities are ₹105.5B and ₹88.1B respectively.
Key information
503.3%
Debt to equity ratio
₹87.45b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹825.90m |
| Equity | ₹17.37b |
| Total liabilities | ₹88.08b |
| Total assets | ₹105.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511676's short term assets (₹101.9B) exceed its short term liabilities (₹458.3M).
Long Term Liabilities: 511676's short term assets (₹101.9B) exceed its long term liabilities (₹87.6B).
Debt to Equity History and Analysis
Debt Level: 511676's net debt to equity ratio (498.5%) is considered high.
Reducing Debt: 511676's debt to equity ratio has reduced from 924.3% to 503.3% over the past 5 years.
Debt Coverage: 511676's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: Insufficient data to determine if 511676's interest payments on its debt are well covered by EBIT.