Gujarat Mineral Development Balance Sheet Health
Financial Health criteria checks 5/6
Gujarat Mineral Development has a total shareholder equity of ₹61.2B and total debt of ₹29.8M, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are ₹73.7B and ₹12.5B respectively. Gujarat Mineral Development's EBIT is ₹5.1B making its interest coverage ratio 167.1. It has cash and short-term investments of ₹5.1B.
Key information
0.05%
Debt to equity ratio
₹29.83m
Debt
| Interest coverage ratio | 167.1x |
| Cash | ₹5.10b |
| Equity | ₹61.16b |
| Total liabilities | ₹12.51b |
| Total assets | ₹73.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532181's short term assets (₹26.1B) exceed its short term liabilities (₹5.5B).
Long Term Liabilities: 532181's short term assets (₹26.1B) exceed its long term liabilities (₹7.0B).
Debt to Equity History and Analysis
Debt Level: 532181 has more cash than its total debt.
Reducing Debt: 532181's debt to equity ratio has increased from 0% to 0.05% over the past 5 years.
Debt Coverage: 532181's debt is well covered by operating cash flow (3640.7%).
Interest Coverage: 532181's interest payments on its debt are well covered by EBIT (167.1x coverage).