Globus Spirits Balance Sheet Health
Financial Health criteria checks 6/6
Globus Spirits has a total shareholder equity of ₹9.2B and total debt of ₹3.5B, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are ₹17.0B and ₹7.8B respectively. Globus Spirits's EBIT is ₹1.6B making its interest coverage ratio 8.3. It has cash and short-term investments of ₹556.3M.
Key information
38.2%
Debt to equity ratio
₹3.52b
Debt
| Interest coverage ratio | 8.3x |
| Cash | ₹556.33m |
| Equity | ₹9.24b |
| Total liabilities | ₹7.80b |
| Total assets | ₹17.04b |
Recent financial health updates
We Think Globus Spirits (NSE:GLOBUSSPR) Can Manage Its Debt With Ease
Jan 03
Is Globus Spirits (NSE:GLOBUSSPR) Using Too Much Debt?
Jul 04Globus Spirits (NSE:GLOBUSSPR) Seems To Use Debt Quite Sensibly
Mar 04Is Globus Spirits (NSE:GLOBUSSPR) A Risky Investment?
Nov 23
Recent updates
Globus Spirits (NSE:GLOBUSSPR) Is Doing The Right Things To Multiply Its Share Price
Apr 07Globus Spirits (NSE:GLOBUSSPR) Is Investing Its Capital With Increasing Efficiency
Nov 25Globus Spirits Limited's (NSE:GLOBUSSPR) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 18Globus Spirits (NSE:GLOBUSSPR) Is Increasing Its Dividend To ₹3.00
Sep 02Here's Why We Think Globus Spirits (NSE:GLOBUSSPR) Is Well Worth Watching
Jun 23Calculating The Fair Value Of Globus Spirits Limited (NSE:GLOBUSSPR)
May 12With EPS Growth And More, Globus Spirits (NSE:GLOBUSSPR) Is Interesting
Jan 24We Think Globus Spirits (NSE:GLOBUSSPR) Can Manage Its Debt With Ease
Jan 03Investors Should Be Encouraged By Globus Spirits' (NSE:GLOBUSSPR) Returns On Capital
Dec 06Globus Spirits' (NSE:GLOBUSSPR) Upcoming Dividend Will Be Larger Than Last Year's
Aug 28Does Globus Spirits (NSE:GLOBUSSPR) Deserve A Spot On Your Watchlist?
Aug 10Is Globus Spirits (NSE:GLOBUSSPR) Using Too Much Debt?
Jul 04Globus Spirits (NSE:GLOBUSSPR) Knows How To Allocate Capital Effectively
May 16Here's Why I Think Globus Spirits (NSE:GLOBUSSPR) Might Deserve Your Attention Today
May 01Globus Spirits Limited's (NSE:GLOBUSSPR) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Mar 16Globus Spirits (NSE:GLOBUSSPR) Seems To Use Debt Quite Sensibly
Mar 04Is Globus Spirits Limited's(NSE:GLOBUSSPR) Recent Stock Performance Tethered To Its Strong Fundamentals?
Feb 20Here's What Globus Spirits Limited's (NSE:GLOBUSSPR) Shareholder Ownership Structure Looks Like
Feb 09If You Like EPS Growth Then Check Out Globus Spirits (NSE:GLOBUSSPR) Before It's Too Late
Jan 27We Like These Underlying Trends At Globus Spirits (NSE:GLOBUSSPR)
Jan 14Introducing Globus Spirits (NSE:GLOBUSSPR), The Stock That Soared 328% In The Last Five Years
Jan 01Who Has Been Buying Globus Spirits Limited (NSE:GLOBUSSPR) Shares?
Dec 19Does Globus Spirits Limited (NSE:GLOBUSSPR) Have A Place In Your Dividend Portfolio?
Dec 06Is Globus Spirits (NSE:GLOBUSSPR) A Risky Investment?
Nov 23Is There More To The Story Than Globus Spirits's (NSE:GLOBUSSPR) Earnings Growth?
Aug 08What Do The Returns At Globus Spirits (NSE:GLOBUSSPR) Mean Going Forward?
Aug 08Globus Spirits Limited's (NSE:GLOBUSSPR) Stock Is Going Strong: Have Financials A Role To Play?
Jul 24Globus Spirits Limited (NSE:GLOBUSSPR) Screens Well But There Might Be A Catch
Jul 11The Case For Globus Spirits Limited (NSE:GLOBUSSPR): Could It Be A Nice Addition To Your Dividend Portfolio?
Jul 07Financial Position Analysis
Short Term Liabilities: GLOBUSSPR's short term assets (₹5.8B) exceed its short term liabilities (₹5.6B).
Long Term Liabilities: GLOBUSSPR's short term assets (₹5.8B) exceed its long term liabilities (₹2.2B).
Debt to Equity History and Analysis
Debt Level: GLOBUSSPR's net debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: GLOBUSSPR's debt to equity ratio has reduced from 59.8% to 38.2% over the past 5 years.
Debt Coverage: GLOBUSSPR's debt is well covered by operating cash flow (55.1%).
Interest Coverage: GLOBUSSPR's interest payments on its debt are well covered by EBIT (8.3x coverage).