GSM Foils Balance Sheet Health
Financial Health criteria checks 2/6
GSM Foils has a total shareholder equity of ₹110.3M and total debt of ₹54.2M, which brings its debt-to-equity ratio to 49.1%. Its total assets and total liabilities are ₹199.7M and ₹89.4M respectively. GSM Foils's EBIT is ₹45.7M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹4.0M.
Key information
49.1%
Debt to equity ratio
₹54.20m
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹3.95m |
| Equity | ₹110.33m |
| Total liabilities | ₹89.39m |
| Total assets | ₹199.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GSMFOILS's short term assets (₹191.4M) exceed its short term liabilities (₹46.9M).
Long Term Liabilities: GSMFOILS's short term assets (₹191.4M) exceed its long term liabilities (₹42.5M).
Debt to Equity History and Analysis
Debt Level: GSMFOILS's net debt to equity ratio (45.5%) is considered high.
Reducing Debt: Insufficient data to determine if GSMFOILS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GSMFOILS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GSMFOILS's interest payments on its debt are not well covered by EBIT (2.2x coverage).