Great Eastern Shipping Balance Sheet Health
Financial Health criteria checks 6/6
Great Eastern Shipping has a total shareholder equity of ₹111.5B and total debt of ₹35.0B, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are ₹159.9B and ₹48.4B respectively. Great Eastern Shipping's EBIT is ₹20.3B making its interest coverage ratio 11.1. It has cash and short-term investments of ₹63.0B.
Key information
31.4%
Debt to equity ratio
₹34.96b
Debt
Interest coverage ratio | 11.1x |
Cash | ₹63.00b |
Equity | ₹111.49b |
Total liabilities | ₹48.41b |
Total assets | ₹159.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500620's short term assets (₹75.6B) exceed its short term liabilities (₹22.5B).
Long Term Liabilities: 500620's short term assets (₹75.6B) exceed its long term liabilities (₹25.9B).
Debt to Equity History and Analysis
Debt Level: 500620 has more cash than its total debt.
Reducing Debt: 500620's debt to equity ratio has reduced from 85.4% to 31.4% over the past 5 years.
Debt Coverage: 500620's debt is well covered by operating cash flow (81.5%).
Interest Coverage: 500620's interest payments on its debt are well covered by EBIT (11.1x coverage).