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
Ganges Securities Limited's (NSE:GANGESSECU) 27% Price Boost Is Out Of Tune With Earnings
Apr 12
Some 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 (₹646.5M) exceed its short term liabilities (₹10.0M).
Long Term Liabilities: GANGESSECU's short term assets (₹646.5M) exceed its long term liabilities (₹67.1M).
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 1.2%.
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.