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
Great Eastern Shipping (NSE:GESHIP) Has A Rock Solid Balance Sheet
Sep 08
Great Eastern Shipping (NSE:GESHIP) Could Easily Take On More Debt
Jun 09Does Great Eastern Shipping (NSE:GESHIP) Have A Healthy Balance Sheet?
Dec 23Does Great Eastern Shipping (NSE:GESHIP) Have A Healthy Balance Sheet?
Jun 23Recent updates
Great Eastern Shipping (NSE:GESHIP) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 21Great Eastern Shipping (NSE:GESHIP) Will Pay A Dividend Of ₹7.20
Nov 13Improved Earnings Required Before The Great Eastern Shipping Company Limited (NSE:GESHIP) Shares Find Their Feet
Oct 31Returns Are Gaining Momentum At Great Eastern Shipping (NSE:GESHIP)
Oct 13Great Eastern Shipping (NSE:GESHIP) Is Paying Out Less In Dividends Than Last Year
Aug 05A Look At The Fair Value Of The Great Eastern Shipping Company Limited (NSE:GESHIP)
Jul 29The Great Eastern Shipping Company Limited (NSE:GESHIP) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Jul 05Great Eastern Shipping (NSE:GESHIP) Is Experiencing Growth In Returns On Capital
Jun 22Great Eastern Shipping (NSE:GESHIP) Strong Profits May Be Masking Some Underlying Issues
May 22Lacklustre Performance Is Driving The Great Eastern Shipping Company Limited's (NSE:GESHIP) Low P/E
May 12Estimating The Fair Value Of The Great Eastern Shipping Company Limited (NSE:GESHIP)
Mar 27Great Eastern Shipping (NSE:GESHIP) Is Experiencing Growth In Returns On Capital
Feb 23Just In: One Analyst Has Become A Lot More Bullish On The Great Eastern Shipping Company Limited's (NSE:GESHIP) Earnings
Feb 06We Ran A Stock Scan For Earnings Growth And Great Eastern Shipping (NSE:GESHIP) Passed With Ease
Jan 26The Great Eastern Shipping Company Limited (NSE:GESHIP) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Dec 20There's Been No Shortage Of Growth Recently For Great Eastern Shipping's (NSE:GESHIP) Returns On Capital
Nov 17Is Now The Time To Put Great Eastern Shipping (NSE:GESHIP) On Your Watchlist?
Sep 28Great Eastern Shipping (NSE:GESHIP) Has A Rock Solid Balance Sheet
Sep 08Great Eastern Shipping (NSE:GESHIP) Could Easily Take On More Debt
Jun 09Great Eastern Shipping (NSE:GESHIP) Is Achieving High Returns On Its Capital
May 16Great Eastern Shipping (NSE:GESHIP) Is Increasing Its Dividend To ₹9.00
May 16Here's Why We Think Great Eastern Shipping (NSE:GESHIP) Is Well Worth Watching
Mar 25Calculating The Fair Value Of The Great Eastern Shipping Company Limited (NSE:GESHIP)
Jan 10Does Great Eastern Shipping (NSE:GESHIP) Have A Healthy Balance Sheet?
Dec 23Here's Why Great Eastern Shipping (NSE:GESHIP) Has Caught The Eye Of Investors
Dec 02Great Eastern Shipping (NSE:GESHIP) Has Announced That It Will Be Increasing Its Dividend To ₹7.20
Nov 17Great Eastern Shipping (NSE:GESHIP) Is Looking To Continue Growing Its Returns On Capital
Oct 13We Ran A Stock Scan For Earnings Growth And Great Eastern Shipping (NSE:GESHIP) Passed With Ease
Aug 24Estimating The Fair Value Of The Great Eastern Shipping Company Limited (NSE:GESHIP)
Aug 02Does Great Eastern Shipping (NSE:GESHIP) Have A Healthy Balance Sheet?
Jun 23Financial Position Analysis
Short Term Liabilities: GESHIP's short term assets (₹87.2B) exceed its short term liabilities (₹16.1B).
Long Term Liabilities: GESHIP's short term assets (₹87.2B) exceed its long term liabilities (₹25.6B).
Debt to Equity History and Analysis
Debt Level: GESHIP has more cash than its total debt.
Reducing Debt: GESHIP's debt to equity ratio has reduced from 73.6% to 20.6% over the past 5 years.
Debt Coverage: GESHIP's debt is well covered by operating cash flow (112.8%).
Interest Coverage: GESHIP's interest payments on its debt are well covered by EBIT (218.6x coverage).