GRM Overseas Balance Sheet Health
Financial Health criteria checks 4/6
GRM Overseas has a total shareholder equity of ₹3.9B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are ₹6.6B and ₹2.6B respectively. GRM Overseas's EBIT is ₹712.7M making its interest coverage ratio 4.6. It has cash and short-term investments of ₹146.3M.
Key information
54.1%
Debt to equity ratio
₹2.13b
Debt
| Interest coverage ratio | 4.6x |
| Cash | ₹146.35m |
| Equity | ₹3.93b |
| Total liabilities | ₹2.63b |
| Total assets | ₹6.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531449's short term assets (₹6.1B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: 531449's short term assets (₹6.1B) exceed its long term liabilities (₹33.5M).
Debt to Equity History and Analysis
Debt Level: 531449's net debt to equity ratio (50.4%) is considered high.
Reducing Debt: 531449's debt to equity ratio has reduced from 310.5% to 54.1% over the past 5 years.
Debt Coverage: 531449's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531449's interest payments on its debt are well covered by EBIT (4.6x coverage).