Gemstone Investments Balance Sheet Health
Financial Health criteria checks 5/6
Gemstone Investments has a total shareholder equity of ₹247.4M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹248.5M and ₹1.1M respectively. Gemstone Investments's EBIT is ₹14.9M making its interest coverage ratio 124.7. It has cash and short-term investments of ₹4.5M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 124.7x |
Cash | ₹4.46m |
Equity | ₹247.39m |
Total liabilities | ₹1.14m |
Total assets | ₹248.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531137's short term assets (₹248.3M) exceed its short term liabilities (₹1.1M).
Long Term Liabilities: 531137's short term assets (₹248.3M) do not cover its long term liabilities (₹-100.0).
Debt to Equity History and Analysis
Debt Level: 531137 is debt free.
Reducing Debt: 531137 has no debt compared to 5 years ago when its debt to equity ratio was 12.1%.
Debt Coverage: 531137 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 531137 has no debt, therefore coverage of interest payments is not a concern.