Godfrey Phillips India Balance Sheet Health
Financial Health criteria checks 5/6
Godfrey Phillips India has a total shareholder equity of ₹38.0B and total debt of ₹3.5B, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are ₹53.2B and ₹15.3B respectively. Godfrey Phillips India's EBIT is ₹7.3B making its interest coverage ratio 35. It has cash and short-term investments of ₹3.0B.
Key information
9.1%
Debt to equity ratio
₹3.47b
Debt
| Interest coverage ratio | 35x |
| Cash | ₹2.99b |
| Equity | ₹37.96b |
| Total liabilities | ₹15.27b |
| Total assets | ₹53.23b |
Recent financial health updates
Godfrey Phillips India (NSE:GODFRYPHLP) Could Easily Take On More Debt
Feb 16
These 4 Measures Indicate That Godfrey Phillips India (NSE:GODFRYPHLP) Is Using Debt Safely
Sep 30These 4 Measures Indicate That Godfrey Phillips India (NSE:GODFRYPHLP) Is Using Debt Safely
Jun 03Is Godfrey Phillips India (NSE:GODFRYPHLP) A Risky Investment?
Jan 10Godfrey Phillips India (NSE:GODFRYPHLP) Could Easily Take On More Debt
Jun 17We Think Godfrey Phillips India (NSE:GODFRYPHLP) Can Manage Its Debt With Ease
Nov 18Recent updates
Returns On Capital Are Showing Encouraging Signs At Godfrey Phillips India (NSE:GODFRYPHLP)
Mar 10Godfrey Phillips India Limited (NSE:GODFRYPHLP) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Feb 23Godfrey Phillips India (NSE:GODFRYPHLP) Could Easily Take On More Debt
Feb 16There Is A Reason Godfrey Phillips India Limited's (NSE:GODFRYPHLP) Price Is Undemanding
Jan 05Should You Be Adding Godfrey Phillips India (NSE:GODFRYPHLP) To Your Watchlist Today?
Dec 06Returns On Capital Are Showing Encouraging Signs At Godfrey Phillips India (NSE:GODFRYPHLP)
Oct 18These 4 Measures Indicate That Godfrey Phillips India (NSE:GODFRYPHLP) Is Using Debt Safely
Sep 30Godfrey Phillips India's (NSE:GODFRYPHLP) Upcoming Dividend Will Be Larger Than Last Year's
Aug 10We Like These Underlying Return On Capital Trends At Godfrey Phillips India (NSE:GODFRYPHLP)
Jul 13These 4 Measures Indicate That Godfrey Phillips India (NSE:GODFRYPHLP) Is Using Debt Safely
Jun 03Do Godfrey Phillips India's (NSE:GODFRYPHLP) Earnings Warrant Your Attention?
Mar 13Godfrey Phillips India (NSE:GODFRYPHLP) Is Experiencing Growth In Returns On Capital
Feb 23Is Godfrey Phillips India (NSE:GODFRYPHLP) A Risky Investment?
Jan 10Here's Why We Think Godfrey Phillips India (NSE:GODFRYPHLP) Is Well Worth Watching
Dec 09Godfrey Phillips India (NSE:GODFRYPHLP) Could Easily Take On More Debt
Jun 17Godfrey Phillips India (NSE:GODFRYPHLP) Shareholders Will Want The ROCE Trajectory To Continue
Mar 30We Think Godfrey Phillips India (NSE:GODFRYPHLP) Can Manage Its Debt With Ease
Nov 18Godfrey Phillips India (NSE:GODFRYPHLP) Is Experiencing Growth In Returns On Capital
Oct 28Some Investors May Be Worried About Godfrey Phillips India's (NSE:GODFRYPHLP) Returns On Capital
Mar 30What Is The Ownership Structure Like For Godfrey Phillips India Limited (NSE:GODFRYPHLP)?
Mar 09If You Had Bought Godfrey Phillips India's (NSE:GODFRYPHLP) Shares Five Years Ago You Would Be Down 21%
Feb 02Is Godfrey Phillips India Limited's (NSE:GODFRYPHLP) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 15
Should We Be Excited About The Trends Of Returns At Godfrey Phillips India (NSE:GODFRYPHLP)?
Dec 28Is Godfrey Phillips India Limited (NSE:GODFRYPHLP) Popular Amongst Institutions?
Dec 09Here's What Godfrey Phillips India Limited's (NSE:GODFRYPHLP) Shareholder Ownership Structure Looks Like
Sep 02A Look At The Intrinsic Value Of Godfrey Phillips India Limited (NSE:GODFRYPHLP)
Aug 07Could The Market Be Wrong About Godfrey Phillips India Limited (NSE:GODFRYPHLP) Given Its Attractive Financial Prospects?
Jul 11Financial Position Analysis
Short Term Liabilities: GODFRYPHLP's short term assets (₹18.6B) exceed its short term liabilities (₹11.6B).
Long Term Liabilities: GODFRYPHLP's short term assets (₹18.6B) exceed its long term liabilities (₹3.7B).
Debt to Equity History and Analysis
Debt Level: GODFRYPHLP's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: GODFRYPHLP's debt to equity ratio has increased from 2.2% to 9.1% over the past 5 years.
Debt Coverage: GODFRYPHLP's debt is well covered by operating cash flow (121.2%).
Interest Coverage: GODFRYPHLP's interest payments on its debt are well covered by EBIT (35x coverage).