Great Eastern Shipping Balance Sheet Health
Financial Health criteria checks 6/6
Great Eastern Shipping has a total shareholder equity of ₹124.0B and total debt of ₹30.3B, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are ₹168.1B and ₹44.1B respectively. Great Eastern Shipping's EBIT is ₹21.1B making its interest coverage ratio 8. It has cash and short-term investments of ₹68.6B.
Key information
24.4%
Debt to equity ratio
₹30.31b
Debt
Interest coverage ratio | 8x |
Cash | ₹68.60b |
Equity | ₹123.97b |
Total liabilities | ₹44.10b |
Total assets | ₹168.08b |
Recent financial health updates
Great Eastern Shipping (NSE:GESHIP) Has A Rock Solid Balance Sheet
Sep 08Great 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 23These 4 Measures Indicate That Great Eastern Shipping (NSE:GESHIP) Is Using Debt Reasonably Well
Nov 04Recent updates
Great 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 23Investors Met With Slowing Returns on Capital At Great Eastern Shipping (NSE:GESHIP)
Dec 17These 4 Measures Indicate That Great Eastern Shipping (NSE:GESHIP) Is Using Debt Reasonably Well
Nov 04The Returns On Capital At Great Eastern Shipping (NSE:GESHIP) Don't Inspire Confidence
Aug 27It's Unlikely That The Great Eastern Shipping Company Limited's (NSE:GESHIP) CEO Will See A Huge Pay Rise This Year
Jul 22Should You Be Adding Great Eastern Shipping (NSE:GESHIP) To Your Watchlist Today?
May 31These Return Metrics Don't Make Great Eastern Shipping (NSE:GESHIP) Look Too Strong
May 16Is The Great Eastern Shipping Company Limited's (NSE:GESHIP) 2.6% Dividend Worth Your Time?
May 01Have Insiders Been Buying The Great Eastern Shipping Company Limited (NSE:GESHIP) Shares?
Mar 14Is Now The Time To Put Great Eastern Shipping (NSE:GESHIP) On Your Watchlist?
Mar 01Financial Position Analysis
Short Term Liabilities: GESHIP's short term assets (₹81.9B) exceed its short term liabilities (₹15.1B).
Long Term Liabilities: GESHIP's short term assets (₹81.9B) exceed its long term liabilities (₹29.0B).
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 88.1% to 24.4% over the past 5 years.
Debt Coverage: GESHIP's debt is well covered by operating cash flow (92.6%).
Interest Coverage: GESHIP's interest payments on its debt are well covered by EBIT (8x coverage).