Gopal Snacks Balance Sheet Health
Financial Health criteria checks 5/6
Gopal Snacks has a total shareholder equity of ₹3.5B and total debt of ₹260.5M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are ₹4.3B and ₹884.4M respectively. Gopal Snacks's EBIT is ₹1.4B making its interest coverage ratio 25. It has cash and short-term investments of ₹11.7M.
Key information
7.5%
Debt to equity ratio
₹260.45m
Debt
Interest coverage ratio | 25x |
Cash | ₹11.73m |
Equity | ₹3.46b |
Total liabilities | ₹884.41m |
Total assets | ₹4.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GOPAL's short term assets (₹1.9B) exceed its short term liabilities (₹488.7M).
Long Term Liabilities: GOPAL's short term assets (₹1.9B) exceed its long term liabilities (₹395.8M).
Debt to Equity History and Analysis
Debt Level: GOPAL's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GOPAL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GOPAL's debt is well covered by operating cash flow (505.1%).
Interest Coverage: GOPAL's interest payments on its debt are well covered by EBIT (25x coverage).