Ganges Securities Balance Sheet Health
Financial Health criteria checks 6/6
Ganges Securities has a total shareholder equity of ₹7.1B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹7.5B and ₹389.1M respectively. Ganges Securities's EBIT is ₹76.6M making its interest coverage ratio -72.9. It has cash and short-term investments of ₹240.0M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -72.9x |
| Cash | ₹240.00m |
| Equity | ₹7.12b |
| Total liabilities | ₹389.15m |
| Total assets | ₹7.51b |
Recent financial health updates
No updates
Recent updates
What Ganges Securities Limited's (NSE:GANGESSECU) 34% Share Price Gain Is Not Telling You
Oct 22
Returns On Capital Signal Tricky Times Ahead For Ganges Securities (NSE:GANGESSECU)
Oct 15Ganges Securities Limited's (NSE:GANGESSECU) Shares Climb 35% But Its Business Is Yet to Catch Up
Jul 05Returns On Capital At Ganges Securities (NSE:GANGESSECU) Paint A Concerning Picture
Jun 05Ganges Securities Limited's (NSE:GANGESSECU) 27% Price Boost Is Out Of Tune With Earnings
Apr 12Some Investors May Be Worried About Ganges Securities' (NSE:GANGESSECU) Returns On Capital
Mar 05Ganges Securities (NSE:GANGESSECU) Will Want To Turn Around Its Return Trends
Jul 17Ganges Securities (NSE:GANGESSECU) Is Reinvesting At Lower Rates Of Return
Apr 12Ganges Securities (NSE:GANGESSECU) Will Be Hoping To Turn Its Returns On Capital Around
Nov 29Ganges Securities' (NSE:GANGESSECU) Returns On Capital Not Reflecting Well On The Business
Apr 29A Look At The Fair Value Of Ganges Securities Limited (NSE:GANGESSECU)
Feb 23Be Wary Of Ganges Securities (NSE:GANGESSECU) And Its Returns On Capital
Dec 15Investors Will Want Ganges Securities' (NSE:GANGESSECU) Growth In ROCE To Persist
Jul 14A Look At The Fair Value Of Ganges Securities Limited (NSE:GANGESSECU)
May 15Ganges Securities (NSE:GANGESSECU) Will Be Hoping To Turn Its Returns On Capital Around
Mar 31Estimating The Intrinsic Value Of Ganges Securities Limited (NSE:GANGESSECU)
Feb 06Should You Review Recent Insider Transactions At Ganges Securities Limited (NSE:GANGESSECU)?
Nov 10Market Cool On Ganges Securities Limited's (NSE:GANGESSECU) Earnings
Jul 28
Financial Position Analysis
Short Term Liabilities: GANGESSECU's short term assets (₹560.1M) exceed its short term liabilities (₹15.0M).
Long Term Liabilities: GANGESSECU's short term assets (₹560.1M) exceed its long term liabilities (₹374.2M).
Debt to Equity History and Analysis
Debt Level: GANGESSECU is debt free.
Reducing Debt: GANGESSECU has no debt compared to 5 years ago when its debt to equity ratio was 0.9%.
Debt Coverage: GANGESSECU has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GANGESSECU has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:18 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ganges Securities Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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