Ganges Securities Balance Sheet Health
Financial Health criteria checks 6/6
Ganges Securities has a total shareholder equity of ₹5.5B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹5.6B and ₹77.2M respectively. Ganges Securities's EBIT is ₹72.3M making its interest coverage ratio -183.5. It has cash and short-term investments of ₹242.4M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | -183.5x |
Cash | ₹242.42m |
Equity | ₹5.48b |
Total liabilities | ₹77.17m |
Total assets | ₹5.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540647's short term assets (₹646.5M) exceed its short term liabilities (₹10.0M).
Long Term Liabilities: 540647's short term assets (₹646.5M) exceed its long term liabilities (₹67.1M).
Debt to Equity History and Analysis
Debt Level: 540647 is debt free.
Reducing Debt: 540647 has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
Debt Coverage: 540647 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 540647 has no debt, therefore coverage of interest payments is not a concern.