Gokul Refoils & Solvent Balance Sheet Health
Financial Health criteria checks 2/6
Gokul Refoils & Solvent has a total shareholder equity of ₹3.3B and total debt of ₹3.6B, which brings its debt-to-equity ratio to 108.9%. Its total assets and total liabilities are ₹8.5B and ₹5.2B respectively. Gokul Refoils & Solvent's EBIT is ₹538.5M making its interest coverage ratio 3. It has cash and short-term investments of ₹1.3B.
Key information
108.9%
Debt to equity ratio
₹3.55b
Debt
| Interest coverage ratio | 3x |
| Cash | ₹1.28b |
| Equity | ₹3.26b |
| Total liabilities | ₹5.20b |
| Total assets | ₹8.46b |
Recent financial health updates
Is Gokul Refoils & Solvent (NSE:GOKUL) Using Too Much Debt?
Feb 14
Is Gokul Refoils & Solvent (NSE:GOKUL) Using Too Much Debt?
Sep 07Is Gokul Refoils & Solvent (NSE:GOKUL) Using Too Much Debt?
Jun 17Is Gokul Refoils & Solvent (NSE:GOKUL) A Risky Investment?
Dec 08These 4 Measures Indicate That Gokul Refoils & Solvent (NSE:GOKUL) Is Using Debt Reasonably Well
Dec 17Recent updates
Gokul Refoils & Solvent (NSE:GOKUL) Shareholders Will Want The ROCE Trajectory To Continue
Apr 04Slammed 26% Gokul Refoils & Solvent Limited (NSE:GOKUL) Screens Well Here But There Might Be A Catch
Mar 06Is Gokul Refoils & Solvent (NSE:GOKUL) Using Too Much Debt?
Feb 14Subdued Growth No Barrier To Gokul Refoils & Solvent Limited (NSE:GOKUL) With Shares Advancing 30%
Dec 30Returns On Capital Are Showing Encouraging Signs At Gokul Refoils & Solvent (NSE:GOKUL)
Oct 11Is Gokul Refoils & Solvent (NSE:GOKUL) Using Too Much Debt?
Sep 07Gokul Refoils & Solvent (NSE:GOKUL) Shareholders Will Want The ROCE Trajectory To Continue
May 05Gokul Refoils & Solvent (NSE:GOKUL) Is Experiencing Growth In Returns On Capital
Dec 18Here's Why We Think Gokul Refoils & Solvent (NSE:GOKUL) Might Deserve Your Attention Today
Oct 24Here's Why We Think Gokul Refoils & Solvent (NSE:GOKUL) Is Well Worth Watching
Jul 13Is Gokul Refoils & Solvent (NSE:GOKUL) Using Too Much Debt?
Jun 17Here's Why I Think Gokul Refoils & Solvent (NSE:GOKUL) Is An Interesting Stock
Mar 14Is Gokul Refoils & Solvent (NSE:GOKUL) A Risky Investment?
Dec 08Calculating The Intrinsic Value Of Gokul Refoils & Solvent Limited (NSE:GOKUL)
Jul 26With EPS Growth And More, Gokul Refoils & Solvent (NSE:GOKUL) Is Interesting
Mar 13Gokul Refoils & Solvent Limited's (NSE:GOKUL) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Feb 06What To Know Before Buying Gokul Refoils & Solvent Limited (NSE:GOKUL) For Its Dividend
Jan 16These 4 Measures Indicate That Gokul Refoils & Solvent (NSE:GOKUL) Is Using Debt Reasonably Well
Dec 17Are Gokul Refoils & Solvent's (NSE:GOKUL) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 12
Here's Why I Think Gokul Refoils & Solvent (NSE:GOKUL) Might Deserve Your Attention Today
Sep 10Financial Position Analysis
Short Term Liabilities: GOKUL's short term assets (₹6.8B) exceed its short term liabilities (₹5.0B).
Long Term Liabilities: GOKUL's short term assets (₹6.8B) exceed its long term liabilities (₹226.8M).
Debt to Equity History and Analysis
Debt Level: GOKUL's net debt to equity ratio (69.7%) is considered high.
Reducing Debt: GOKUL's debt to equity ratio has increased from 96.8% to 108.9% over the past 5 years.
Debt Coverage: GOKUL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GOKUL's interest payments on its debt are not well covered by EBIT (3x coverage).