Gemstone Investments Balance Sheet Health
Financial Health criteria checks 6/6
Gemstone Investments has a total shareholder equity of ₹247.5M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹250.0M and ₹2.5M respectively. Gemstone Investments's EBIT is ₹14.6M making its interest coverage ratio 121.7. It has cash and short-term investments of ₹2.7M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 121.7x |
| Cash | ₹2.67m |
| Equity | ₹247.51m |
| Total liabilities | ₹2.49m |
| Total assets | ₹250.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531137's short term assets (₹249.8M) exceed its short term liabilities (₹2.5M).
Long Term Liabilities: 531137 has no long term liabilities.
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 3.5%.
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.