GRM Overseas Balance Sheet Health
Financial Health criteria checks 5/6
GRM Overseas has a total shareholder equity of ₹3.0B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are ₹5.6B and ₹2.6B respectively. GRM Overseas's EBIT is ₹674.2M making its interest coverage ratio 3.6. It has cash and short-term investments of ₹73.3M.
Key information
63.0%
Debt to equity ratio
₹1.89b
Debt
Interest coverage ratio | 3.6x |
Cash | ₹73.27m |
Equity | ₹3.00b |
Total liabilities | ₹2.64b |
Total assets | ₹5.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531449's short term assets (₹5.1B) exceed its short term liabilities (₹2.6B).
Long Term Liabilities: 531449's short term assets (₹5.1B) exceed its long term liabilities (₹33.8M).
Debt to Equity History and Analysis
Debt Level: 531449's net debt to equity ratio (60.6%) is considered high.
Reducing Debt: 531449's debt to equity ratio has reduced from 110.5% to 63% over the past 5 years.
Debt Coverage: 531449's debt is well covered by operating cash flow (21.5%).
Interest Coverage: 531449's interest payments on its debt are well covered by EBIT (3.6x coverage).