Galactico Services Balance Sheet Health
Financial Health criteria checks 4/6
Galactico Services has a total shareholder equity of ₹347.5M and total debt of ₹105.2M, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are ₹560.4M and ₹212.9M respectively. Galactico Services's EBIT is ₹109.4M making its interest coverage ratio -21.5. It has cash and short-term investments of ₹9.8M.
Key information
30.3%
Debt to equity ratio
₹105.22m
Debt
Interest coverage ratio | -21.5x |
Cash | ₹9.76m |
Equity | ₹347.51m |
Total liabilities | ₹212.89m |
Total assets | ₹560.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542802's short term assets (₹343.6M) exceed its short term liabilities (₹125.7M).
Long Term Liabilities: 542802's short term assets (₹343.6M) exceed its long term liabilities (₹87.2M).
Debt to Equity History and Analysis
Debt Level: 542802's net debt to equity ratio (27.5%) is considered satisfactory.
Reducing Debt: 542802's debt to equity ratio has increased from 26.8% to 30.3% over the past 5 years.
Debt Coverage: 542802's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: 542802 earns more interest than it pays, so coverage of interest payments is not a concern.