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
Slowing Rates Of Return At Gujarat Mineral Development (NSE:GMDCLTD) Leave Little Room For Excitement
Oct 04
Gujarat Mineral Development (NSE:GMDCLTD) Will Pay A Smaller Dividend Than Last Year
Sep 06Why Investors Shouldn't Be Surprised By Gujarat Mineral Development Corporation Limited's (NSE:GMDCLTD) Low P/E
Jul 12Insufficient Growth At Gujarat Mineral Development Corporation Limited (NSE:GMDCLTD) Hampers Share Price
Apr 11Gujarat Mineral Development (NSE:GMDCLTD) Is Experiencing Growth In Returns On Capital
Mar 13Does Gujarat Mineral Development (NSE:GMDCLTD) Deserve A Spot On Your Watchlist?
Dec 21We Like These Underlying Return On Capital Trends At Gujarat Mineral Development (NSE:GMDCLTD)
Nov 29Gujarat Mineral Development (NSE:GMDCLTD) Has Announced That It Will Be Increasing Its Dividend To ₹11.45
Sep 12There's Been No Shortage Of Growth Recently For Gujarat Mineral Development's (NSE:GMDCLTD) Returns On Capital
Aug 08Gujarat Mineral Development (NSE:GMDCLTD) Is Doing The Right Things To Multiply Its Share Price
Jan 28Investors Will Want Gujarat Mineral Development's (NSE:GMDCLTD) Growth In ROCE To Persist
Jul 23Gujarat Mineral Development (NSE:GMDCLTD) Will Be Hoping To Turn Its Returns On Capital Around
Apr 01Do Investors Have Good Reason To Be Wary Of Gujarat Mineral Development Corporation Limited's (NSE:GMDCLTD) 3.3% Dividend Yield?
Mar 08How Much Did Gujarat Mineral Development's(NSE:GMDCLTD) Shareholders Earn From Share Price Movements Over The Last Three Years?
Feb 10What Kind Of Shareholders Hold The Majority In Gujarat Mineral Development Corporation Limited's (NSE:GMDCLTD) Shares?
Jan 06Should You Buy Gujarat Mineral Development Corporation Limited (NSE:GMDCLTD) For Its 4.3% Dividend?
Dec 01If You Had Bought Gujarat Mineral Development's (NSE:GMDCLTD) Shares Three Years Ago You Would Be Down 75%
Oct 27What You Need To Know About Gujarat Mineral Development Corporation Limited's (NSE:GMDCLTD) Investor Composition
Sep 22
Should Gujarat Mineral Development Corporation Limited (NSE:GMDCLTD) Be Part Of Your Income Portfolio?
Aug 18Gujarat Mineral Development Corporation Limited's (NSE:GMDCLTD) Sentiment Matching Earnings
Jul 28Would Shareholders Who Purchased Gujarat Mineral Development's(NSE:GMDCLTD) Stock Three Years Be Happy With The Share price Today?
Jul 07Financial Position Analysis
Short Term Liabilities: GMDCLTD's short term assets (₹24.9B) exceed its short term liabilities (₹4.2B).
Long Term Liabilities: GMDCLTD's short term assets (₹24.9B) exceed its long term liabilities (₹7.3B).
Debt to Equity History and Analysis
Debt Level: GMDCLTD is debt free.
Reducing Debt: GMDCLTD had no debt 5 years ago.
Debt Coverage: GMDCLTD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GMDCLTD has no debt, therefore coverage of interest payments is not a concern.