Gujarat Mineral Development Balance Sheet Health
Financial Health criteria checks 6/6
Gujarat Mineral Development has a total shareholder equity of ₹61.9B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹73.5B and ₹11.5B respectively. Gujarat Mineral Development's EBIT is ₹6.0B making its interest coverage ratio -2.6. It has cash and short-term investments of ₹6.2B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -2.6x |
| Cash | ₹6.23b |
| Equity | ₹61.95b |
| Total liabilities | ₹11.52b |
| Total assets | ₹73.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532181's short term assets (₹24.9B) exceed its short term liabilities (₹4.2B).
Long Term Liabilities: 532181's short term assets (₹24.9B) exceed its long term liabilities (₹7.3B).
Debt to Equity History and Analysis
Debt Level: 532181 is debt free.
Reducing Debt: 532181 had no debt 5 years ago.
Debt Coverage: 532181 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 532181 has no debt, therefore coverage of interest payments is not a concern.