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).