Gowra Leasing & Finance Balance Sheet Health
Financial Health criteria checks 2/6
Gowra Leasing & Finance has a total shareholder equity of ₹183.2M and total debt of ₹94.1M, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are ₹282.8M and ₹99.6M respectively.
Key information
51.4%
Debt to equity ratio
₹94.10m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹857.00k |
| Equity | ₹183.18m |
| Total liabilities | ₹99.63m |
| Total assets | ₹282.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530709's short term assets (₹244.8M) exceed its short term liabilities (₹4.1M).
Long Term Liabilities: 530709's short term assets (₹244.8M) exceed its long term liabilities (₹95.5M).
Debt to Equity History and Analysis
Debt Level: 530709's net debt to equity ratio (50.9%) is considered high.
Reducing Debt: 530709's debt to equity ratio has increased from 0% to 51.4% over the past 5 years.
Debt Coverage: 530709's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 530709's interest payments on its debt are well covered by EBIT.