Geetanjali Credit and Capital Balance Sheet Health
Financial Health criteria checks 5/6
Geetanjali Credit and Capital has a total shareholder equity of ₹31.2M and total debt of ₹170.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹32.6M and ₹1.4M respectively.
Key information
0.5%
Debt to equity ratio
₹170.00k
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.00k |
| Equity | ₹31.22m |
| Total liabilities | ₹1.41m |
| Total assets | ₹32.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539486's short term assets (₹26.1M) exceed its short term liabilities (₹1.4M).
Long Term Liabilities: 539486 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 539486's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: 539486's debt to equity ratio has reduced from 2.1% to 0.5% over the past 5 years.
Debt Coverage: 539486's debt is well covered by operating cash flow (50.8%).
Interest Coverage: Insufficient data to determine if 539486's interest payments on its debt are well covered by EBIT.