Go Digit General Insurance Balance Sheet Health
Financial Health criteria checks 4/6
Go Digit General Insurance has a total shareholder equity of ₹34.2B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are ₹167.9B and ₹133.7B respectively. Go Digit General Insurance's EBIT is ₹1.9B making its interest coverage ratio 5.7. It has cash and short-term investments of ₹3.2B.
Key information
5.8%
Debt to equity ratio
₹2.00b
Debt
Interest coverage ratio | 5.7x |
Cash | ₹3.22b |
Equity | ₹34.20b |
Total liabilities | ₹133.73b |
Total assets | ₹167.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544179's short term assets (₹12.7B) do not cover its short term liabilities (₹131.7B).
Long Term Liabilities: 544179's short term assets (₹12.7B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: 544179 has more cash than its total debt.
Reducing Debt: 544179's debt to equity ratio has increased from 0% to 5.8% over the past 5 years.
Debt Coverage: 544179's debt is well covered by operating cash flow (961.3%).
Interest Coverage: 544179's interest payments on its debt are well covered by EBIT (5.7x coverage).