Great Eastern Shipping Balance Sheet Health
Financial Health criteria checks 6/6
Great Eastern Shipping has a total shareholder equity of ₹135.0B and total debt of ₹27.7B, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are ₹176.7B and ₹41.7B respectively. Great Eastern Shipping's EBIT is ₹24.1B making its interest coverage ratio 218.6. It has cash and short-term investments of ₹74.2B.
Key information
20.6%
Debt to equity ratio
₹27.74b
Debt
| Interest coverage ratio | 218.6x |
| Cash | ₹74.24b |
| Equity | ₹134.98b |
| Total liabilities | ₹41.67b |
| Total assets | ₹176.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500620's short term assets (₹87.2B) exceed its short term liabilities (₹16.1B).
Long Term Liabilities: 500620's short term assets (₹87.2B) exceed its long term liabilities (₹25.6B).
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 73.6% to 20.6% over the past 5 years.
Debt Coverage: 500620's debt is well covered by operating cash flow (112.8%).
Interest Coverage: 500620's interest payments on its debt are well covered by EBIT (218.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 11:41 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The Great Eastern Shipping Company Limited is covered by 20 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dhruv Jain | Ambit Capital |
| Param Desai | Angel Broking Private Limited |
| Hemant Patel | Axis Capital Limited |