Gokul Refoils & Solvent Balance Sheet Health
Financial Health criteria checks 2/6
Gokul Refoils & Solvent has a total shareholder equity of ₹3.4B and total debt of ₹4.4B, which brings its debt-to-equity ratio to 129.3%. Its total assets and total liabilities are ₹9.2B and ₹5.8B respectively. Gokul Refoils & Solvent's EBIT is ₹290.1M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹1.1B.
Key information
129.3%
Debt to equity ratio
₹4.35b
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹1.14b |
| Equity | ₹3.37b |
| Total liabilities | ₹5.79b |
| Total assets | ₹9.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532980's short term assets (₹7.5B) exceed its short term liabilities (₹5.6B).
Long Term Liabilities: 532980's short term assets (₹7.5B) exceed its long term liabilities (₹198.5M).
Debt to Equity History and Analysis
Debt Level: 532980's net debt to equity ratio (95.5%) is considered high.
Reducing Debt: 532980's debt to equity ratio has increased from 82.1% to 129.3% over the past 5 years.
Debt Coverage: 532980's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532980's interest payments on its debt are not well covered by EBIT (1.3x coverage).