Godrej Consumer Products Balance Sheet Health
Financial Health criteria checks 6/6
Godrej Consumer Products has a total shareholder equity of ₹121.7B and total debt of ₹37.5B, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are ₹189.8B and ₹68.1B respectively. Godrej Consumer Products's EBIT is ₹29.5B making its interest coverage ratio 36.5. It has cash and short-term investments of ₹29.6B.
Key information
30.8%
Debt to equity ratio
₹37.51b
Debt
| Interest coverage ratio | 36.5x |
| Cash | ₹29.59b |
| Equity | ₹121.70b |
| Total liabilities | ₹68.14b |
| Total assets | ₹189.84b |
Recent financial health updates
We Think Godrej Consumer Products (NSE:GODREJCP) Can Manage Its Debt With Ease
Nov 03
Is Godrej Consumer Products (NSE:GODREJCP) A Risky Investment?
Jun 28Godrej Consumer Products (NSE:GODREJCP) Seems To Use Debt Quite Sensibly
Mar 13Godrej Consumer Products (NSE:GODREJCP) Seems To Use Debt Quite Sensibly
Dec 11We Think Godrej Consumer Products (NSE:GODREJCP) Can Stay On Top Of Its Debt
Aug 29Is Godrej Consumer Products (NSE:GODREJCP) A Risky Investment?
May 31Recent updates
Analysts Are Updating Their Godrej Consumer Products Limited (NSE:GODREJCP) Estimates After Its Second-Quarter Results
Oct 27Godrej Consumer Products (NSE:GODREJCP) Might Become A Compounding Machine
Oct 10Most Shareholders Will Probably Agree With Godrej Consumer Products Limited's (NSE:GODREJCP) CEO Compensation
Aug 01Godrej Consumer Products Limited Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
Jul 21Why You Should Care About Godrej Consumer Products' (NSE:GODREJCP) Strong Returns On Capital
May 31Results: Godrej Consumer Products Limited Delivered A Surprise Loss And Now Analysts Have New Forecasts
May 09Some Shareholders Feeling Restless Over Godrej Consumer Products Limited's (NSE:GODREJCP) P/E Ratio
Apr 18Earnings Update: Here's Why Analysts Just Lifted Their Godrej Consumer Products Limited (NSE:GODREJCP) Price Target To ₹1,275
Feb 03Slowing Rates Of Return At Godrej Consumer Products (NSE:GODREJCP) Leave Little Room For Excitement
Jan 19Godrej Consumer Products Limited's (NSE:GODREJCP) Share Price Not Quite Adding Up
Jan 04Is Now The Time To Put Godrej Consumer Products (NSE:GODREJCP) On Your Watchlist?
Nov 19We Think Godrej Consumer Products (NSE:GODREJCP) Can Manage Its Debt With Ease
Nov 03Returns On Capital At Godrej Consumer Products (NSE:GODREJCP) Have Hit The Brakes
Oct 16Return Trends At Godrej Consumer Products (NSE:GODREJCP) Aren't Appealing
Jul 17Is Godrej Consumer Products (NSE:GODREJCP) A Risky Investment?
Jun 28Returns On Capital At Godrej Consumer Products (NSE:GODREJCP) Have Hit The Brakes
Apr 16Godrej Consumer Products (NSE:GODREJCP) Seems To Use Debt Quite Sensibly
Mar 13Godrej Consumer Products (NSE:GODREJCP) Hasn't Managed To Accelerate Its Returns
Jan 12Godrej Consumer Products (NSE:GODREJCP) Seems To Use Debt Quite Sensibly
Dec 11Return Trends At Godrej Consumer Products (NSE:GODREJCP) Aren't Appealing
Sep 28We Think Godrej Consumer Products (NSE:GODREJCP) Can Stay On Top Of Its Debt
Aug 29Slowing Rates Of Return At Godrej Consumer Products (NSE:GODREJCP) Leave Little Room For Excitement
Jun 27Is Godrej Consumer Products (NSE:GODREJCP) A Risky Investment?
May 31Returns On Capital At Godrej Consumer Products (NSE:GODREJCP) Have Hit The Brakes
Feb 21Is Godrej Consumer Products (NSE:GODREJCP) A Risky Investment?
Jan 07We Think Godrej Consumer Products (NSE:GODREJCP) Might Have The DNA Of A Multi-Bagger
Nov 22Is Godrej Consumer Products (NSE:GODREJCP) Using Too Much Debt?
Sep 30Capital Investment Trends At Godrej Consumer Products (NSE:GODREJCP) Look Strong
Aug 15Is Godrej Consumer Products (NSE:GODREJCP) A Risky Investment?
Jun 30A Look Into Godrej Consumer Products' (NSE:GODREJCP) Impressive Returns On Capital
May 16Financial Position Analysis
Short Term Liabilities: GODREJCP's short term assets (₹67.6B) exceed its short term liabilities (₹63.3B).
Long Term Liabilities: GODREJCP's short term assets (₹67.6B) exceed its long term liabilities (₹4.9B).
Debt to Equity History and Analysis
Debt Level: GODREJCP's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: GODREJCP's debt to equity ratio has reduced from 33.6% to 30.8% over the past 5 years.
Debt Coverage: GODREJCP's debt is well covered by operating cash flow (54.5%).
Interest Coverage: GODREJCP's interest payments on its debt are well covered by EBIT (36.5x coverage).