Galada Finance Balance Sheet Health
Financial Health criteria checks 2/6
Galada Finance has a total shareholder equity of ₹53.0M and total debt of ₹30.1M, which brings its debt-to-equity ratio to 56.9%. Its total assets and total liabilities are ₹89.8M and ₹36.9M respectively.
Key information
56.9%
Debt to equity ratio
₹30.13m
Debt
Interest coverage ratio | n/a |
Cash | ₹1.06m |
Equity | ₹52.96m |
Total liabilities | ₹36.86m |
Total assets | ₹89.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538881's short term assets (₹79.5M) exceed its short term liabilities (₹6.7M).
Long Term Liabilities: 538881's short term assets (₹79.5M) exceed its long term liabilities (₹30.1M).
Debt to Equity History and Analysis
Debt Level: 538881's net debt to equity ratio (54.9%) is considered high.
Reducing Debt: 538881's debt to equity ratio has increased from 54.4% to 56.9% over the past 5 years.
Debt Coverage: 538881's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 538881's interest payments on its debt are well covered by EBIT.