Godrej Consumer Products Balance Sheet Health
Financial Health criteria checks 6/6
Godrej Consumer Products has a total shareholder equity of ₹145.0B and total debt of ₹32.7B, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are ₹206.2B and ₹61.2B respectively. Godrej Consumer Products's EBIT is ₹27.2B making its interest coverage ratio 25.7. It has cash and short-term investments of ₹25.4B.
Key information
22.6%
Debt to equity ratio
₹32.75b
Debt
Interest coverage ratio | 25.7x |
Cash | ₹25.41b |
Equity | ₹145.00b |
Total liabilities | ₹61.19b |
Total assets | ₹206.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532424's short term assets (₹61.2B) exceed its short term liabilities (₹58.6B).
Long Term Liabilities: 532424's short term assets (₹61.2B) exceed its long term liabilities (₹2.6B).
Debt to Equity History and Analysis
Debt Level: 532424's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: 532424's debt to equity ratio has reduced from 61.3% to 22.6% over the past 5 years.
Debt Coverage: 532424's debt is well covered by operating cash flow (68.2%).
Interest Coverage: 532424's interest payments on its debt are well covered by EBIT (25.7x coverage).