Gopal Snacks Balance Sheet Health
Financial Health criteria checks 5/6
Gopal Snacks has a total shareholder equity of ₹3.9B and total debt of ₹674.8M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are ₹5.4B and ₹1.5B respectively. Gopal Snacks's EBIT is ₹1.3B making its interest coverage ratio 25.6. It has cash and short-term investments of ₹241.2M.
Key information
17.3%
Debt to equity ratio
₹674.78m
Debt
Interest coverage ratio | 25.6x |
Cash | ₹241.18m |
Equity | ₹3.90b |
Total liabilities | ₹1.48b |
Total assets | ₹5.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544140's short term assets (₹2.9B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 544140's short term assets (₹2.9B) exceed its long term liabilities (₹280.6M).
Debt to Equity History and Analysis
Debt Level: 544140's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 544140's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544140's debt is well covered by operating cash flow (101.2%).
Interest Coverage: 544140's interest payments on its debt are well covered by EBIT (25.6x coverage).