GRM Overseas Balance Sheet Health
Financial Health criteria checks 4/6
GRM Overseas has a total shareholder equity of ₹3.3B and total debt of ₹3.9B, which brings its debt-to-equity ratio to 118.2%. Its total assets and total liabilities are ₹7.7B and ₹4.4B respectively. GRM Overseas's EBIT is ₹685.3M making its interest coverage ratio 3.3. It has cash and short-term investments of ₹102.1M.
Key information
118.2%
Debt to equity ratio
₹3.93b
Debt
Interest coverage ratio | 3.3x |
Cash | ₹102.09m |
Equity | ₹3.33b |
Total liabilities | ₹4.38b |
Total assets | ₹7.70b |
Recent financial health updates
No updates
Recent updates
GRM Overseas Limited's (NSE:GRMOVER) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Jun 19GRM Overseas Limited (NSE:GRMOVER) Surges 25% Yet Its Low P/E Is No Reason For Excitement
May 01Investors Aren't Buying GRM Overseas Limited's (NSE:GRMOVER) Earnings
Mar 08Why Investors Shouldn't Be Surprised By GRM Overseas Limited's (NSE:GRMOVER) P/E
Dec 26GRM Overseas' (NSE:GRMOVER) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 22Financial Position Analysis
Short Term Liabilities: GRMOVER's short term assets (₹7.2B) exceed its short term liabilities (₹4.3B).
Long Term Liabilities: GRMOVER's short term assets (₹7.2B) exceed its long term liabilities (₹29.4M).
Debt to Equity History and Analysis
Debt Level: GRMOVER's net debt to equity ratio (115.1%) is considered high.
Reducing Debt: GRMOVER's debt to equity ratio has reduced from 574% to 118.2% over the past 5 years.
Debt Coverage: GRMOVER's debt is not well covered by operating cash flow (12%).
Interest Coverage: GRMOVER's interest payments on its debt are well covered by EBIT (3.3x coverage).