Global Offshore Services Balance Sheet Health
Financial Health criteria checks 4/6
Global Offshore Services has a total shareholder equity of ₹864.8M and total debt of ₹317.0M, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are ₹1.4B and ₹554.8M respectively.
Key information
36.7%
Debt to equity ratio
₹316.99m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹22.78m |
| Equity | ₹864.84m |
| Total liabilities | ₹554.78m |
| Total assets | ₹1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 501848's short term assets (₹194.1M) do not cover its short term liabilities (₹478.5M).
Long Term Liabilities: 501848's short term assets (₹194.1M) exceed its long term liabilities (₹76.3M).
Debt to Equity History and Analysis
Debt Level: 501848's net debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: 501848 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 501848's debt is well covered by operating cash flow (48.1%).
Interest Coverage: Insufficient data to determine if 501848's interest payments on its debt are well covered by EBIT.