GSL Securities Balance Sheet Health
Financial Health criteria checks 4/6
GSL Securities has a total shareholder equity of ₹56.7M and total debt of ₹145.0K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹58.8M and ₹2.1M respectively. GSL Securities's EBIT is ₹140.0K making its interest coverage ratio 10.8. It has cash and short-term investments of ₹44.4M.
Key information
0.3%
Debt to equity ratio
₹145.00k
Debt
| Interest coverage ratio | 10.8x |
| Cash | ₹44.43m |
| Equity | ₹56.69m |
| Total liabilities | ₹2.11m |
| Total assets | ₹58.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530469's short term assets (₹51.7M) exceed its short term liabilities (₹2.1M).
Long Term Liabilities: 530469 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 530469 has more cash than its total debt.
Reducing Debt: 530469's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 530469's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530469's interest payments on its debt are well covered by EBIT (10.8x coverage).